Valuable Shipbuilding & Repair Contracts Won by ST Engineering

Thursday, September 06, 2012

Singapore Technologies Engineering’s Marine Sector wins S$179-million worth of shipbuilding and repair contracts.

The contracts include a contract to build two additional Offshore Support Vessels (OSVs) as well as a series of repair and upgrading projects.


Shipbuilding
Hornbeck Offshore Services, LLC (Hornbeck) has exercised the options for two additional OSVs valued at about S$111m (US$89m), to be built by the marine sector’s US shipyard, VT Halter Marine. These two new vessels are expected to be delivered in the fourth quarter of 2014 and first quarter of 2015.


Based on VT Halter Marine’s Super 320 design developed for Hornbeck, the DP2 OSVs are designed to have approximately 20,800 bbl of liquid mud carrying capability, 1,136sqm of deck area and a fire-fighting class notation. All the OSVs will be constructed in VT Halter Marine’s yards at Moss Point Marine and Halter Moss Point in Mississippi.

Ship repairs and upgrading
ST Marine has secured a series of contracts not involving Hornbeck in the last two months worth about S$68m, on track with its focus to support the burgeoning oil and gas exploration activities. These include repairs and upgrades to various types of OSVs such as drillship, dredgers as well as a rig. The last of these projects are expected to be completed by the first quarter of 2013.





 

Maritime Reporter July 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

Brazil AHTS Contract Breakthrough for Havyard

Havyard says it is to deliver the ship design and equipment for four anchor handling tug supply (AHTS) vessels that are to be built and operated by the Brazilian

Rosneft and AVTOVAZ Strengthen Strategic Cooperation

Rosneft President, Chairman of the Management Board Igor Sechin and AVTOVAZ President Bo Inge Andersson signed an Agreement of development of strategic cooperation,

Nine Share in US$6-B DoD Contract Modifications

The US Department of Defense informs that nine companies have each been awarded indefinite-delivery/indefinite-quantity fixed-price option-year two modifications

Shipbuilding

Hamburg Süd Christens Containership in S. Korea

Hamburg Süd yesterday celebrated the christening of its new containership San Christobal with customers and business partners at the Hyundai Heavy Industries shipyard in Ulsan, South Korea.

Brazil AHTS Contract Breakthrough for Havyard

Havyard says it is to deliver the ship design and equipment for four anchor handling tug supply (AHTS) vessels that are to be built and operated by the Brazilian

Senator Kaine Tours NNS Apprentice School

Huntington Ingalls Industries (HII) apprises that it has hosted Sen. Tim Kaine, D-Va., for a tour of The Apprentice School at the company's Newport News Shipbuilding division.

Ship Repair & Conversion

Ecospeed Fuel and Cost Saving Solutions at SMM

Ecospeed announced it will exhibit its line of fuel and cost saving solutions at SMM in Hamburg. Ecospeed and fuel savings Routine in-water cleaning results

Crippled Pine Galaxy Arrives in San Francisco

The disabled mixed-products tanker Pine Galaxy arrived in San Francisco for repairs Wednesday. Commercial tugs towed the ship safety into the Port of San Francisco

Disabled Tankship 'Pine Galaxy' Arrives San Francisco

According to the US Coast Guard, the disabled mixed-products tanker 'Pine Galaxy' has arrived in San Francisco for repairs. Commercial tugs towed the ship safety

Offshore

Odfjell Drilling in Tighter 2Q North Sea Market

Odfjell Drilling reports second quarter 2014 financial results showing a profit of US$29-million. Profit & loss Q2 2014 Operating revenue for Q2 2014 was USD 272 million (USD 289 million),

Brazil AHTS Contract Breakthrough for Havyard

Havyard says it is to deliver the ship design and equipment for four anchor handling tug supply (AHTS) vessels that are to be built and operated by the Brazilian

EOC Takes Full Ownership of OSVs

On 26 August 2014, EOC Limited agreed to acquire 50% of the entire issued share capital of Lewek Antares Shipping Pte. Ltd. (the "Target") , a company incorporated under the laws of Singapore,

 
 
Maritime Contracts Maritime Security Navigation Pipelines Pod Propulsion Salvage Ship Repair Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | 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: 0.2238 sec (4 req/sec)