CUEL Swiber Offshore Thailand signs loan for Swiber-Chai
Sept. 1, 2009
CUEL Swiber Offshore Thailand has signed a $58.2-million loan agreement with Siam Commercial Bank for the derrick lay barge Swiber-Chai.
Offshore staff
BANGKOK -- CUEL Swiber Offshore Thailand has signed a $58.2-million loan agreement with Siam Commercial Bank for the derrick lay barge Swiber-Chai. The 1,000-metric ton (1,102-ton) barge is currently under construction in China. It is scheduled to begin commercial operations in the Gulf of Thailand early next year.
