Analysts Lee Yue Jer and Jason Saw of OSK-Research have strongly backed Nam Cheong's strategy, which is based on a positive outlook for the offshore support vessel (OSV) market. "The OSV market is in the middle of a major upswing today, following the massive rig-ordering seen last year," they said, adding: "We are confident that Nam Cheong, as the largest OSV-builder on this side of the globe, can capitalise on this trend."
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