Three Newbuilding Contracts for PaxOcean

PaxOcean, a subsidiary of Kuok Singapore Limited, has won newbuilding contracts for the construction of a 2,300m³ trailing suction hopper dredger (TSHD) and two 3,500m³ split hopper vessels for Royal IHC.

The vessels, set to be constructed at PaxOcean Graha in Batam, Indonesia, are expected to be delivered first half of 2020.

“This new contract represents a milestone in strengthening the confidence of Dutch companies in PaxOcean’s ability to deliver quality and cost effective solutions,” PaxOcean said in their official announcement.

Built to the requirements of classification society Bureau Veritas, the compact design of the TSHD features a shallow draught which can be deployed worldwide for projects in shallow water.

The two split hopper vessels, based on the IHC standard split trail 3,500 design, are very practical in use in combination with backhoe, hopper and cutter suction dredgers.