"With the Offshore Support Vessel market on its way to a gradual recovery, the owner has made the right strategic move, taking steps to beef up their ship assets," it said.
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This will enable the ship owner "to grab opportunities which will be forthcoming during a period of up-turn in the market in the near future," the yard said.
The new orders came as a result of the owner’s satisfaction with the work done by the shipyard in building two 130 Ton Bollard Pull Anchor Handling Tug Supply Vessels that are presently being built at Colombo Dockyard, it said.
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The two Anchor Handlers