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Singmarine Wins 2nd LPG Contract From Thai Oil

Singmarine Dockyard & Engineering Pte. Ltd., a member of the Keppel Group, won a contract to design and build a second Liquefied Petroleum Gas (LPG) carrier for Thai Oil Co. Ltd.

The $11.15 million contract was signed in Bangkok between Khun Kasame Chatikavanij, c h a i r m an and managing director of Thai Oil C o m p a n y , a n d Loh Wing Siew, chairman of Singmarine Dockyard's parent company, Singmarine Industries Ltd.

To be named Thaioil 5, the vessel is to be delivered in mid-1995. "This is the fifth vessel we are building for Thai Oil Company and we are proud that they have once again shown their confidence in our capability to build specialized vessels," said Loh Wing Siew.

Singmarine Dockyard delivered a similar LPG carrier to Thai Oil in December 1992 and three clean product tankers since 1992.

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