EOC orders two offshore accommodation vessels

The $72m shipbuilding contracts were won by China’s Xiamen Shipbuilding Industry Co, Oslo-listed EOC announced on Thursday. The contract comes with options for a further two sister vessels.

“The shipbuilding contract price does not include owner furnished and nominated equipment,” EOC stated.

“The addition of these two new accommodation vessels is in line with the group’s strategy to continue to grow its fleet and build on its platform as one of the largest offshore accommodation and support services providers in the region,” it added.

Last week, EOC entered into an agreement with its largest shareholder, Singapore’s Ezra Holdings, to consolidate Ezra’s offshore support services division EMAS Marine under EOC.

EOC has also proposed a secondary listing on the Singapore Exchange.