Kim Heng’s Bridgewater Offshore buys two more Posh Terasea anchor handlers

Singapore’s Kim Heng Offshore & Marine continues to grow its offshore fleet at pace, returning to snap up two more vessels from the Posh Terasea liquidation. Kim Heng’s  51% owned subsidiary Bridgewater Offshore (BWO) has acquired two 12,500 horsepower anchor handling tugs, Salvanguard and Salvigilant, from the Posh Terasea liquidation for a total of $4.8m. The pair will be …

splash247