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SINGAPORE : Swire Pacific Limited awards S$75 million shipbuilding contract to ST Engineering
Publish Date : 14-Feb-2012
On Monday, marine division of ST Engineering, ST Marine, has announced winning two shipbuilding contracts from Swire Pacific Offshore Operations (Pte) Ltd, a wholly-owned subsidiary of Swire Pacific Limited. The contracts are worth S$75 million.
According to the deal, ST Marine, will be responsible to develop and outfit two Anchor Handling Tug Supply (AHTS) vessels, measuring 92m by 22m. Both AHTS would feature advanced Dynamic Positioning technology and will be Special Purpose Ship 2008 compliant. The two AHTS will even have adequate tank capacities and clear deck space of about 650m2 for other offshore applications.
As per the deal, the delivery of the vessels will be done in the second and third quarter of 2014.
