Keppel Singmarine Lands $5.5 Million Harbor Tug Contract

Friday, June 15, 2001
Keppel Smit Towage Private Limited (KST), has recently signed a contract with Keppel Singmarine Dockyard Pte Ltd (Keppel Singmarine) to build two 3,600 bhp harbor tugs for a contract value of about $5.5 million, with an option for a further two tugs. These two tractor tugs will have a bollard pull of 47 tonnes. As with all the other tugs in KST's fleet, they will include fire-fighting capability. With these specifications, the tugs will be able to assist all types of vessels including VLCCs berthing at deep water berths.

With the delivery of these two newbuildings at the end of the year, KST will have a combined fleet of 26 tugs ranging between 3,000 to 4,000 bhp. Said Ben Chew, General Manager of KST, "We are optimistic about our continued role as a major harbor towage provider in Singapore and the harbor towage business in general. The utilization level of our tugs has been consistently high and it is timely to add to our current fleet of tugs.

Sentiments in the towage market are encouraging and we foresee a further expansion of our fleet in the near future.

"We are also committed to provide our clients a consistently high level of service and it is crucial that the tugs are available when they need them. We aim to maintain a fleet of young, modern tugs that are extremely maneuverable and powerful." Besides the Port of Singapore, KST has tugs operating in the Port of Tanjung Pelepas and Kemaman, Malaysia, the port of Novorossiysk in the Black Sea and in several major ports in Indonesia.

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter April 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

Asia Dry Bulk-Capesize Rates Under Pressure

Capesize rates fall in a quiet market as holidays weigh; 20 charter-free capesize ships could add to downward trend. Freight rates for large capesize dry cargo

Egypt to receive first LNG shipment from Rosneft in May

Egypt will receive the first of five agreed shipments of liquefied natural gas (LNG) from Russia's Rosneft this month, an official at the state gas board EGAS told Reuters on Thursday.

DNV GL 7 JIPs in North America

In a concerted drive to find smart solutions to safely reduce complexities and cost in the North American oil and gas industry, DNV GL is leading seven new joint

Shipbuilding

Bollinger Wins Contract for Phase II FRC Builds

Louisiana shipbuilder Bollinger Shipyards announced it has secured a contract to build Phase II of the Sentinel Class Fast Response Cutters (FRC) for the United States Coast Guard (USCG).

Massive Layoff Ahead for Hyundai Heavy

Another massive reduction in the Korean shipbuilding workforce may come as most shipyards are still struggling with falling orders and mounting losses, reports Yonhap quoting industry sources.

Daewoo Shipyard Posts Q1 Operating Loss

South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering Co. posted a first-quarter loss after incurring more costs to finish some offshore projects.   First-quarter

 
 
Maritime Careers / Shipboard Positions Naval Architecture Navigation Pod Propulsion Salvage Ship Electronics Ship Simulators Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0798 sec (13 req/sec)