Keppel Delivers Sea Cheyenne for Gulfmark

Monday, October 29, 2007
Keppel Singmarine Pte Ltd (Keppel Singmarine), a wholly-owned subsidiary of Keppel Offshore & Marine Limited (Keppel O&M), has delivered an Anchor Handling Tug/Supply (AHTS) vessel to Gulfmark Offshore Inc (Gulfmark) on schedule.

The 140-ton bollard pull vessel was christened Sea Cheyenne by Rex Carroll Ross, wife of Rex Ross, Director of Gulfmark Offshore, at a naming ceremony on October 27, 2007. This is the third of eight vessels which Keppel Singmarine is building for the company since 2003. The design of the vessels is developed by Marine Technology Development (MTD), the ship design and development arm of Keppel O&M.

Gene Leech, Executive Vice-President of Gulfmark Offshore, said, “Keppel Singmarine has once again delivered their vessel to us on time and to our full satisfaction. We are pleased to partner Keppel Singmarine in meeting the growing demand for AHTS to support offshore oil and gas activities. Mr Choo Chiau Beng, Chairman & CEO of Keppel O&M, said, “We will endeavour to provide value-added services, particularly in ensuring that Gulfmark’s five other vessels with us are completed on time and within budget.”

The five remaining vessels will be delivered in 2008.

Sea Cheyenne, which will be deployed in Vietnam, is the fourth vessel that Keppel Singmarine has delivered this year. The yard is expected to deliver one more vessel before the year ends. Keppel Singmarine is currently building 17 vessels: 13 offshore support vessels, a Floating Storage and Offloading vessel, two ice-breakers and a derrick pipelay vessel. The yard is also building the hull of three jackup rigs for sister company Keppel FELS. Keppel O&M has a total order book of 50 ships, with contract obligations stretching into 2011.

Gulfmark Offshore, Inc provides marine transportation services to the energy industry through a fleet of fifty-eight offshore support vessels, primarily in the North Sea, offshore Southeast Asia, and the America.

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