Malaysian offshore vessel owner Keyfield International is expanding its fleet with the acquisition of a nine-year-old accommodation workboat from Carimin Petroleum. The Kuala Lumpur-based company has snapped up the Carimin Acacia in a deal, valued at RM76m ($18m). The Malaysian-flagged vessel has a nine-year operating history in domestic waters and meets specifications for local tenders, Keyfield noted. “This acquisition strengthens our position as Malaysia’s leading offshore accommodation provider,” said Dato’ Darren Kee, Keyfield’s group CEO. “Adding Acacia improves our capacity, expands our competitive edge, and supports both local and international charter opportunities.” The vessel will be funded entirely through the gross proceeds of Keyfield’s Sukuk issuance completed in December 2024. The company, which currently counts a fleet of 13 offshore accommodation vessels and one cable layer, said it expects the acquisition to be earnings-accretive and to positively impact both earnings and net assets for the 2026 financial year and beyond. googletag.cmd.push(function() { googletag.display('div-gpt-ad-1_95_0_1_2'); }); TagsMalaysia