Lianson Fleet Group Berhad formerly known as Icon Offshore Berhad, has announced the disposal of its offshore support vessel Icon Samudera for a total cash consideration of USD6.65 million (RM28.13 million).
The transaction was executed through its indirect wholly-owned subsidiary, Icon Samudera (L) Inc., which entered into a Memorandum of Agreement on 29 July 2025 with Asia Investment and Asset Management Joint Stock Company, a Vietnamese firm incorporated in 2008.
The Icon Samudera is a Malaysian-flagged DP-1 Anchor Handling and Supply Tug (AHTS), built in 2013 with a deadweight tonnage of 1,374 tonnes and a static bollard pull capacity of 60.4 tonnes. The vessel was originally acquired for RM46.1 million in March 2013, and had a net carrying value of RM18.1 million as of 31 July 2025.
LFG said the disposal forms part of its fleet rejuvenation programme, aimed at modernising and replacing vessels in line with evolving oil and gas market demands. The move also supports the group’s strategic pivot beyond Offshore Support Vessels (OSVs), as it seeks to diversify into other vessel asset classes to broaden market reach and enhance operational flexibility.
