
Nam Cheong unveils Malaysia's first purpose-built multi-purpose support vessel at IEW 2025
KUCHING (July 28): Nam Cheong Group, Malaysia's largest offshore support vessel (OSV) builder and a leading integrated marine solutions provider, has unveiled the SKG 520, the country's first purpose-built multi-purpose support vessel (MPSV) owned by a Malaysian and Sarawakian company.
The SKG 520 was showcased at the International Energy Week (IEW) 2025 held here recently and has attracted strong interest from key government leaders and industry players.
The group in a statement said the SKG 520 is designed to serve both traditional oil and gas as well as the fast-growing renewable energy sectors.
It features five modular configurations tailored for specific offshore operations, offering versatility.
These include a geotechnical drilling rig for seabed surveys, a remote-operated vehicle system for underwater inspections, an air diving module for subsea work, a survey suite equipped with streamers and sonars, and a walk-to-work gangway for safe personnel transfer to offshore platforms.
Sarawak Premier Datuk Patinggi Tan Sri Abang Johari Tun Openg toured the SKG 520 exhibit at IEW, joined by Deputy Minister of Energy and Environmental Sustainability Datuk Dr Hazland Abang Hipni.
The group added that its innovation stems from its success in retrofitting vessels for emerging energy markets. The SKG 520 concept draws from the SK Eonik, which was upgraded for offshore wind support and is now on a 2+2 year charter in Japan.
This track record highlights Nam Cheong's global reach and adaptability.
Group CEO Leong Seng Keat said the vessel reflects Nam Cheong's drive for engineering excellence and future-ready solutions.
'The SKG 520 is a testament to Nam Cheong Group's unwavering commitment to engineering excellence and our proactive approach in addressing the evolving demands of the global energy landscape.
'As Sarawak positions itself as a leader in the green hydrogen economy and offshore renewables, the SKG 520 stands ready as a versatile, purpose-built asset, proudly owned by a Malaysian and Sarawakian company, to support these critical developments both locally and internationally,' he said.
Founder Tan Sri Datuk Tiong Su Kouk added that the vessel represents decades of shipbuilding progress rooted in Sarawak.
'The SKG 520 embodies our legacy of innovation and adaptability, showcasing the advanced capabilities of our Miri Dockyard and our skilled workforce.
'This vessel is not just a new build; it is a symbol of our dedication to providing integrated marine solutions that are truly future-ready,' he added.
The SKG 520 will undergo its formal naming ceremony in August. MPSV nam cheong offshore support vessel OSV
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles

Barnama
35 minutes ago
- Barnama
Palm Oil Exports To The US Rise 51.8 Pct To 93,000 Tonnes For January To May 2025 -- KPK
BUSINESS KUALA LUMPUR, July 30 (Bernama) -- Malaysia's palm oil exports to the United States (US) increased by 51.8 per cent to 93,000 metric tonnes from January to May 2025, compared to 61,000 metric tonnes during the same period last year. The Ministry of Plantation and Commodities (KPK) said that 65 per cent of the nation's palm oil exports to the US in 2024 were certified sustainable products used in high-value goods, while another 19 per cent consisted of palm stearin, a key ingredient in the food and personal care industries. Although the US is not Malaysia's main export market for palm oil, the ministry emphasised that the government is paying attention to the 25 per cent tariff imposed by the US on Malaysian goods, which takes effect on Aug 1, 2025, to ensure that the country's market position is not adversely affected. 'The ministry is always vigilant and proactive in monitoring developments in international trade policies to safeguard the country's palm oil exports,' KPK said in a written response posted on the Parliament's website today. KPK was responding to Datuk Siti Aminah Aching (BN-Beaufort), who inquired about the impact of the 25 per cent tariff imposed by the US on Malaysia, its effect on global demand for Malaysian palm oil, and the ministry's efforts to mitigate any negative consequences on exports. The ministry highlighted that together with the Ministry of Investment, Trade and Industry (MITI), it is continuing to engage in ongoing negotiations with the US to ensure fair, open, and mutually beneficial trade relations. It added that various integrated initiatives are underway to ensure that Malaysia's palm oil exports remain unaffected and sustainable. 'These include promoting the transformation of the palm oil sector toward high-technology downstream products such as oleochemicals, processed food ingredients, and biofuels,' it said. KPK said it is strengthening efforts to implement the Malaysian Sustainable Palm Oil (MSPO) 2.0 certification to ensure Malaysian palm oil meets international standards, particularly in environmental, social, and governance (ESG) aspects.


Rakyat Post
2 hours ago
- Rakyat Post
Adeline's Job Hunt Reality Check: 287 Applications, 1 Year Later, Finally Employed
Subscribe to our FREE Think getting a degree guarantees you a job? Think again. A recent graduate from Singapore's prestigious National University (NUS) is proving that even top university credentials don't make job hunting any easier these days. Meet Adeline (not her real name), a business school graduate from NUS who spent over a year searching for work despite her impressive academic background. Her story is hitting close to home for many young Singaporeans facing similar challenges. The numbers tell the harsh reality: 287 job applications submitted 12 positions made it to initial HR screening 8 interviews with department heads 4 complete interview processes 1 year+ of job searching Countless rejections – either radio silence or 'not suitable' From Tears to Success Adeline didn't sugarcoat her experience when speaking to Singapore media She admitted the process was filled with tears, growing frustration, and an overwhelming sense of helplessness. Yet she kept going – updating her resume, following up on applications, and pushing through rejection after rejection. The breakthrough finally came in June this year when a marketing company offered her a full-time position. If you're a recent graduate or know someone who is, Adeline's story probably sounds familiar. Why This Matters to You Her story is hitting close to home for many young Singaporeans facing similar challenges – but let's be honest, this struggle isn't limited to Singapore alone. Malaysian graduates and fresh graduates worldwide face the same reality. Job hunting difficulties are universal, crossing borders and affecting young people everywhere. The reality check: Experience matters more than ever Your resume needs to stand out among hundreds Persistence is key – but it's mentally exhausting Even 'overqualified' candidates struggle Despite the gruelling journey, Adeline's story has a silver lining. She eventually found her place, proving that persistence does pay off – it just takes longer than anyone expects. Her advice? Keep going, even when it feels hopeless. The job market is tough, but it's not impossible. For fresh graduates currently in the job hunt: You're not alone. Adeline's experience shows that even the most qualified candidates face challenges. Stay strong, keep applying, and remember – your breakthrough could be just one application away. Share your thoughts with us via TRP's . Get more stories like this to your inbox by signing up for our newsletter.


The Star
4 hours ago
- The Star
Ringgit ends slightly lower against US dollar ahead of Fed rate decision
KUALA LUMPUR: The ringgit reversed its morning gains to close slightly lower against the US dollar today, as traders turned cautious ahead of the United States (US) Federal Reserve's (Fed) interest rate decision, amid uncertainty over a potential cut. At 6 pm, the local note eased to 4.2410/2455 versus the greenback from yesterday's close of 4.2320/2365. The two-day Federal Open Market Committee (FOMC) meeting, taking place from July 29 to 30 in Washington, is expected to provide key guidance on the Fed's monetary policy direction. Bank Muamalat Malaysia Bhd chief economist Dr Mohd Afzanizam Abdul Rashid said the ringgit was higher against the US dollar during the morning session at RM4.2278, but weakened later in the day. However, he said the ringgit's weakness was capped by positive news following the International Monetary Fund's (IMF) upward revisions to global and Malaysian gross domestic product (GDP) forecasts. "The IMF has revised its 2025 global GDP growth forecast from 2.8 per cent to three per cent, citing that the front-loading activities and the US's willingness to reduce tariffs have helped improve the economic outlook. "By extension, Malaysia's 2025 GDP was revised upward from 4.1 per cent to 4.5 per cent. Improved trade predictability should be viewed positively, as this would enhance the contribution from the external demand,' he told Bernama. Mohd Afzanizam opined that trade negotiations with the US among various countries, including Malaysia, remain an ongoing affair, as both parties continue to seek a middle ground to address the trade imbalances. "Perhaps, this will set the right context for the 13th Malaysia Plan (13MP), which will promote structural reforms that could be beneficial for the ringgit in the long run,' he added. The 13MP will be tabled on Thursday by Prime Minister Datuk Seri Anwar Ibrahim in Parliament. At the close, the ringgit ended lower against major currencies. It fell against the Japanese yen to 2.8646/8678 from 2.8479/8511 at the close on Tuesday, depreciated versus the British pound to 5.6745/6805 from 5.6518/6578 yesterday, and edged lower against the euro to 4.8996/9048 from 4.8990/9042 previously. The ringgit was mixed against regional peers. It was lower against the Indonesian rupiah at 258.5/258.9 from yesterday's 257.8/258.2, weakened against the Singapore dollar to 3.2919/2957 from 3.2875/2913, but improved against the Philippine peso to 7.36/7.38 from 7.38/7.39, and inched up versus the Thai baht to 13.0528/0719 from 13.0537/0740 previously. - Bernama