Coastal Offshore sells two offshore support vessels in Mexico

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 these vessels were sold to customers in Mexico and are expected to be delivered in 2015 and 2017.

02/24/2015

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