Headquartered in Kuala Lumpur, Malaysia, Nam Cheong is a leading global offshore marine group specialising in the building of Offshore Support Vessels (“OSVs”). We are also one of the top regional OSVs shipbuilders and the largest in Malaysia.

We have evolved successfully over four decades of growth and now operate one of the largest shipbuilding yards for OSVs in Malaysia. We focus on the construction and engineering of complex, sophisticated, environmentally friendly and quality OSVs that are equipped with the latest technology for use in the offshore oil and gas exploration and production (“E&P”) and oil services industries. Our vessels include Platform Supply Vessels (“PSVs”), Safety Standby Vessels (“SSVs”), Anchor Handling Tug Supply (“AHTS”) vessels, Accommodation Barges, Multi-Purpose Support Vessels (“MPSVs”) and Landing Craft (“LC”).

We build vessels on both a build-to-order and build-to-stock basis. Our expertise to accurately identify in-demand vessels and to build a series of build-to-stock vessels ahead of time is what sets us apart. This market foresight has enabled us to clinch sale deals for our vessels even before they are completed.

We currently have 21 vessels (as of August 2011) under our shipbuilding programme that are scheduled to be completed by 2012.

Over the years, we have established a strong reputation in Malaysia, the South-East Asian region, the Middle East and United States for our expertise and track record in constructing OSVs for customers who consist primarily of ship owners and marine services operators. They represent a sophisticated and diverse customer base that includes Malaysian and international clients such as Bumi Armada, Petro Vietnam, Kencana, Petra Perdana, Borcos Shipping, Topaz, Vroon and Tidewater.

Our shipbuilding business, which makes up over 90% of our FY2010 revenue, is complemented by our vessel chartering operations.  Nam Cheong currently has a fleet of 10 vessels, which are chartered out by way of bareboat or time charters.

Nam Cheong was successfully listed on SGX-ST on May 27, 2011 through a reverse takeover of Eagle Brand Holdings Limited.