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Jakarta Stock Exchange News

18 Jun 2008

HITS Selects AMOS for Six Ships

(L to R) Taufani S. SpecTec Asia Pacific – Singapore won a contract with PT. Humpuss Intermoda Transportasi Tbk., (HITS)  Indonesia to supply AMOS Business Suite solutions for six vessels, comprising four product tankers, a chemical tanker and a dry bulker, as well as the office site. There is an option for another seven ships, based on the successful implementation on the initial six. The project was officially kicked off June 2, 2008, and entailed a two-week Requirement Study into PT. Humpuss’s Business Processes, Work Procedures and Requirements Study for each department.

21 May 2002

Keppel’s Integration Efforts Bear Results With million contracts

The integration of Keppel Corporation’s offshore and marine businesses has contributed to a $16 million (S$29 million) swamp barge contract clinched as a result of the synergy of the offshore and specialised shipbuilding divisions. Furthermore, with the integration and Keppel’s sharper focus on specialised shipbuilding, especially support vessels, the offshore and marine group has also won a new contract worth S$21 million from Keppel Smit Towage for three 60-ton tugs which are due for delivery in mid 2003. These tugs, a utility boat and two terminal tractor tugs, will be deployed by Keppel Smit Towage in Brunei for charter to Brunei Shell Petroleum Company.

22 Oct 2007

Berlian Acquires Chembulk Tankers

Publicly listed shipping company PT Berlian Laju Tanker (BLT) has acquired Marshall Islands-based chemical tanker company Chembulk Tankers LLC, through its subsidiary Asean Maritime Corporation. Director of BLT, Kevin Wong, said in a statement to the Jakarta Stock Exchange that the cost of the acquisition was $850m. He said the purchase made BLT the third largest chemical tanker operator in the world with 54 ships with a total capacity of 820,600 deadweight tons (DWT). Chembulk now operates 16 double-hull ships capable of carrying a total of 397,200 DWT. It plans to add three more ships by 2009, which will increase its total capacity to 468,200 DWT. [Source: The Jakarta Post]

03 Mar 2003

Keppel Completes Raissa

Keppel Offshore & Marine (Keppel O&M) Group has strengthened its participation in the inshore oil and gas drilling industry, with the successful completion of the Raissa, a posted submersible drilling barge for Indonesian drilling contractor PT Apexindo Pratama Duta Tbk. Keppel FELS Limited has earlier been chosen as the preferred partner for PT Apexindo’s drilling fleet build-up and enhancement. The Company signed the $29 million contract for Raissa in May 2002, followed by a refurbishment contract for drilling barge, Maera. Another similar newbuilding order for the Yani was signed in October last year. All three drilling units will be deployed in the inshore Tunu field, East Kalimantan, for TotalFinaElf Indonesia.

29 Oct 2002

Keppel Wins Barge Order

Keppel Corporation Limited, through its offshore unit in Keppel Offshore & Marine Ltd (Keppel O&M), has clinched another contract to build a swamp barge from repeat customer, PT Apexindo Pratama Duta Tbk (PT Apexindo). The S$25 million contract for the swamp barge, Yani, is the third contract PT Apexindo has awarded to Keppel FELS Ltd. The Indonesian drilling contractor, who recently obtained a public listing on the Jakarta Stock Exchange, has earlier awarded Keppel with two other contracts, one for the new construction of swamp barge Raisa, and another for the repair and refurbishment of swamp barge Maera. Said Mr Tong Chong Heong, Managing Director and Chief Operating Officer of Keppel O&M…