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SSE Secures Further Contract For Two Container Vessels

Singapore Shipbuilding & Engineering Ltd. (SSE), the marine arm of Singapore Technologies, secured a further contract to build two 1,018- TEU type SS-700 container vessels for Singapore-based Regional Container Lines Pte. Ltd. (RCL).

The vessels are priced at about $22.5 million each and will be delivered in the third and fourth quarters of 1996.

The SSE standard type SS-700 container vessels have a dwt of 12,700 and service speed of 17 knots. SSE confirmed that the container vessels contracted earlier this year with RCL Bangkok will also be of the SSE type SS-700 design.

With this contract, SSE will have built 22 container vessels for clients worldwide.

Recent deliveries for Singapore Shipbuilding & Engineering include t h r e e 456-TEU vessels for Singapore's Neptune Orient Lines and two 400-TEU RoRo/LoLo vessels for U.S.-based Tropical Shipping and Construction Co. Ltd.

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