Coastal Offshore sells two offshore support vessels in Mexico

Coastal Contracts Bhd wholly owned subsidiary Coastal Offshore (Labuan) Pte Ltd. has secured contracts for the sales of two offshore support vessels for an aggregate value of approximately RM197 million ($54 million). 
Feb. 24, 2015

Offshore staff

SANDAKAN, Malaysia –Coastal Contracts Bhd wholly owned subsidiary Coastal Offshore (Labuan) Pte Ltd. has secured contracts for the sales of two offshore support vessels for an aggregate value of approximately RM197 million ($54 million).

Both of thesevessels were sold to customers in Mexico and are expected to be delivered in 2015 and 2017.

02/24/2015

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