ABS Reflects on Technology, Innovation Growth in Southeast Asia
At the annual meeting of the ABS Southeast Asia Regional Committee, ABS Chairman and CEO John McDonald offered a message to maritime and offshore industry leaders from Singapore and across Southeast Asia.“Rapid technology innovation and autonomous systems are transforming shipping into a highly connected, data-driven industry. ABS is responding by investing in our technology capabilities and expanding the value we can bring across the entire maritime ecosystem," he said.“The shipping industry faces significant pressures from global economics…
Nam Cheong Sells 3,000 DWT Platform Support Vessel for $19.8m
Nam Cheong Limited, one of Southeast Asia’s leading Offshore Support Vessel (OSV) providers based in Sarawak, Malaysia, has announced that the Group has entered into a sales agreement with an Indonesian customer to sell one 11-year-old 3,000 deadweight tonnage (DWT) platform support vessel (PSV) for $19.8 million.The vessel sale is part of the Group’s fleet reprofiling initiatives and is expected to contribute positively soto the Group’s earnings for the financial year ending 2026.
