ASL Marine Secures New Contracts

Monday, April 16, 2007
ASL Marine has secured new shipbuilding contracts worth $76.6m. The contracts are for the construction of six Anchor Handling Towing/ Supply Vessels, which are used to tow and anchor oil rig platforms as well as other support services. Five of the units are expected to be completed in 2009, and the remaining unit in early 2010. Source: CNA Five of the units are expected to be completed in 2009, and the remaining unit in early 2010. Just three weeks ago, ASL Marine announced it had secured S$164 million worth of shipbuilding contracts for one unit of Heavy Lift cum Pipelay Vessel and six units of Rotor Tugs. Source: CNA

Contracts

Banks Halt Support for Hanjin

A bankruptcy would be biggest ever for a container shipper. Hanjin Shipping Co's banks are halting support for the South Korean company, its lead creditor said,

Austal Dives into Loss

Australia’s largest shipbuilder Austal posted a full year loss of $84.28 million because a program to build war ships for the US Navy took longer than expected.

Russian Shipbuilder Signs $1 bln Oil Rigs Contract with Iran

Russian shipbuilder Krasnye Barrikady and Iran's Tasdid Offshore Development Company (TODC)  have signed a deal worth $1 billion to build five offshore drilling

 
 
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