Penguin increases fleet numbers

Singapore's Penguin Boat International has taken delivery of a new anchor handling towing and supply vessel, and secured new shipbuilding contracts worth US$32 million.

Earlier this month, Penguin subsidiary Pelican Offshore Services received its second AHTS "Pelican Quest", a 55-metre, 5000 brake-horsepower vessel slated for a long-term charter with an oil company in Asia. In addition to its two AHTS vessels, Pelican owns and operates six high-speed aluminium crewboats, all of which are on charter to oil companies in the region. Meanwhile, Penguin's shipyard subsidiary Penguin Shipyard International has signed contracts to build two offshore crewboats worth around US$7 million in total, and two standby rescue vessels worth about US$25 million in total.

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