The Singapore-listed firm has sold two platform supply vessels(PSVs) and an accommodation work barge (AWB) for a total of $70.5m, itannounced today.

It takes total sales so far this year to 16 vessels comparedto just seven during the same period last year.

Nam Cheong ended 2012 having sold a record 21 vessels.  

One of the two PSVs was sold to an unnamed Asia-based oilfirm that has purchased four PSVs already this year, Nam Cheong said.