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06-12-2019, 08:45 AM
(05-12-2019, 11:39 PM)Yoyo Wrote: Nigeria's Homeland IOS LTD Orders Upgraded Flex Multi-Role Vessels
21 Sept 2019
https://www.defenseworld.net/news/25517/...ekeyIMza1s
Nigeria -based Homeland Integrated Offshore Services LTD (Homeland IOS LTD) has placed an order with the Singaporean Penguin Shipyard for several Flex Fighter security / crew boats for delivery in December 2019.
Homeland IOS LTD provides engineering, procurement, construction and installation services to the country's offshore oil and gas sector.
Upgraded version of the 40-metre vessel has been ordered. It comes fitted with ballistic protection, machine gun mounts and gunner shields forward and aft. The boat can house twelve security personnel.
I noted the above upcoming vessel delivery with interests - several boats in Dec 2019 for a single Nigeria customer. If 2 is a couple, 3 or 4 is a few, what would constitutes several?
Looking forward to a great quarter.
Inventories shot up a lot as at 30/9/2019 reporting....this include construction in progress vessels. We should expect another greater quarter and also a good full year result too. Cheers to those still riding with them.
Vested.