Malaysia-based Coastal Contracts has through its wholly owned subsidiaries inked contracts for the sales of two Offshore Support Vessels and six low-end vessels for an aggregate value of approximately RM130m (US$34m).

All of these vessels are expected to be delivered in 2015, Coastal said in a filing to Bursa Malaysia.

Consequently, the revenue stream from these vessels is expected to contribute positively to the top and bottom line performance of the group for the financial year ending Dec. 31, 2015.