Keppel Singmarine Wins Contracts for 5 Vessels

Tuesday, May 10, 2005
Keppel Singmarine Ltd, a wholly owned subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M) has secured orders for three offshore support vessels (OSVs) and two tugboats for about $80 million. The vessels will be progressively delivered to their owners up to end 2006.

Keppel Singmarine will build one ice-class OSV for anchor handling and supply purposes for new customer, the Russian oil company Lukoil Kaliningradmorneft (LUKOIL). When completed at end 2006, the vessel will be deployed in the Caspian Sea region. The other two OSVs are for repeat customer Groupe Bourbon (Bourbon). With these two 100-tonne bollard pull anchor handling tugs, Keppel Singmarine’s orders from Bourbon will add up to a total of seven vessels.

Keppel Smit Towage has placed an order for two tugboats, designed by Keppel’s Marine Technology Development. Keppel Singmarine has 19 vessels under construction, having delivered five since the beginning of 2005.

Its strong orderbook has placed the Company as one of the world’s leading builders of offshore support vessels. The leading oil company in Russia, LUKOIL’s main activities are in oil & gas exploration and production, and production and sale of petroleum products.

Groupe Bourbon has a fleet of over 200 vessels offering clients customised services in offshore oilfields, in towage and assistance services and in dry bulk transport.

Keppel Smit Towage is a joint venture between Keppel and Smit International Singapore. The company operates a complete spectrum of towage.

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

Great Lakes Inks M.E., N.C. Coastal Protection Project Deals

Great Lakes Announces $55 Million in Subcontract Work in the Middle East and Award of $38 Million for a Domestic Coastal Protection Project Great Lakes Dredge

Olympic Subsea Vessel Bags Contract

Olympic Shipping has secured a contract for Olympic Delta, an inspection, maintenance and repair (IMR) vessel, with an international client  to work on a renewable energy project.

Asia Tankers-VLCCs Rates Ease as Tanker Jams Fade

Port congestion eases at Basra and Chinese ports; tanker demand set to expand on lower oil prices. Freight rates for very large crude carriers (VLCCs), hurt by slower-than-usual release of cargo,

Marine Propulsion

Mercury Marine Expands Manufacturing Capacity

Mercury Marine is adding a 53,000 square foot manufacturing capacity expansion to its global headquarters in Fond du Lac, Wisc. The expansion will consist of 45,

Pacific Nations Take a Stand on Shipping Emissions

On Earth Day, Pacific leaders queued among 175 countries to sign the Paris Agreement in New York. Earlier that day in London, the International Maritime Organization (IMO),

SCHOTTEL Debuts EcoPeller with High-torque Gears

Propulsion and steering systems manufacturer SCHOTTEL has unveiled its new EcoPeller (SRE), which it said offers improved efficiency and robustness. Playing a

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Security Naval Architecture Navigation Offshore Oil Pipelines Ship Electronics 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: 0.0800 sec (13 req/sec)