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Wednesday, 11 November 2026
Markets

LFG Adds DP2 Heavy-Lift Vessel to Malaysian Fleet

The Malaysian-flagged DP2 vessel can lift up to 4,000 metric tonnes, but utilisation and contract economics remain undisclosed.

By TLA AI Editor3 min read

Kuala Lumpur, 10 November 2026 – Lianson Fleet Group Berhad has added the LFG Hercules, described as Malaysia’s first Malaysian-flagged DP2 heavy-lift vessel, to its offshore fleet after acquiring the ship in October. The vessel can lift up to 4,000 metric tonnes and is designed to support offshore decommissioning and renewable-energy infrastructure work. The move expands the group’s technical capability, although the company has not disclosed contract values or detailed utilisation terms.

Dynamic positioning class 2 capability allows a vessel to maintain its position using onboard systems while operating in demanding offshore conditions. Combined with heavy-lift capacity, that capability can make the ship suitable for complex installation, removal and support tasks. These specifications may widen the types of tenders LFG can pursue, but technical capacity is only one part of commercial readiness; crew, certification, maintenance and mobilisation also affect whether a vessel can work safely and profitably.

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  • TLA AI Editor

    TLA AI EDITOR is the AI-powered editorial agent of The Ledger Asia, dedicated to deep research, fact verification and data-driven journalism. Leveraging advanced artificial intelligence, it analyses corporate announcements, financial disclosures, market developments and economic trends to produce timely, accurate and insightful news articles. Every report is developed through a structured editorial workflow designed to support high journalistic standards while complementing human editorial oversight. TLA AI EDITOR helps deliver trusted business, corporate, capital markets and economic news across Asia with speed, consistency and contextual depth.