Singapore Technologies Marine Ltd Wins New Contracts

ST Marine today announced that it has bagged several newbuild, repair and conversion contracts including variation order for an existing repair project.

Its US shipyard, VT Halter Marine, secured a new contract to build an Articulated Tug Barge Offshore Tug for Bouchard Transportation Co., Inc. (Bouchard). This tug will be similar to others built for Bouchard in previous years by the yard. Measuring about 34.1m by 10.6m by 5.2m, the 4,000hp tug is classed by ABS as A1 Towing Vessel, Dual Mode, and it will be equipped with an Intercon Coupler System. Construction of the vessel will begin in mid 2011, with delivery expected in the second half of 2012. The vessel will enter into Bouchard’s fleet service in New York, N.Y.

Aside from the conversion contracts, ST Marine was awarded a contract for a major upgrading on a Trailing Suction Hopper Dredger, Volvox Terranova, from Van Oord ACZ. Additional work was also contracted by Saipem (Portugal) Comercio Maritimo (Saipem) for its semi-submersible pipe-laying vessel, SEMAC 1.

All the repair and conversion contracts will be completed by the third quarter of 2011.

“We are extremely pleased to forge new and strengthen existing relationships with major offshore industry players like Garuda Energy, Trinity Offshore and Saipem. Van Oord continues to be our key customer from the dredging industry. In the US, we are delighted to renew our relationship with Bouchard, a total service oil barging company incorporated since 1918. Their trust in ST Marine and VT Halter Marine is a testament to our quality services and we are confident that we will perform to the satisfaction of our customers and exceed their expectations.” ~ NG Sing Chan, President, ST Marine.

ST Marine (Singapore Technologies Marine Ltd), the marine arm of ST Engineering, provides turnkey building, repair and conversion services for a wide spectrum of naval and commercial vessels. In shipbuilding, it has the proven capabilities to provide turnkey solutions from concept definition to detailed design, construction, on-board system installation and integration, testing, commissioning to through-life support. It has also established a track record in providing high engineering content shiprepair and ship conversion services for a worldwide clientele. ST Marine also provides a suite of sustainable environmental engineering solutions via its environmental engineering subsidiaries led by STSE Engineering Services Pte Ltd (STSE). Please visit www.stengg.com.

ST Engineering (Singapore Technologies Engineering Ltd) is an integrated engineering group providing solutions and services in the aerospace, electronics, land systems and marine sectors. Headquartered in Singapore, the Group reported revenues of $5.98b in FY2010 and ranks among the largest companies listed on the Singapore Exchange. ST Engineering has more than 20,000 employees worldwide, and over 100 subsidiaries and associated companies in 24 countries and 45 cities. Please visit www.stengg.com.

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Source: stengg, May 24, 2011;