Keppel Singmarine Pte Ltd, the wholly-owned subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M), has clinched three newbuilding contracts worth a total of S$120 million. The first contract involves the construction of four Anchor Handling Tug/Supply (AHTS) vessels at its Keppel Nantong Shipyard, northwest of Shanghai. The deliveries of these vessels are expected between third quarter 2007 and mid 2008. The owner is Hadi Offshore Pte Ltd., a newly established Singapore subsidiary of Hadi H. Al Hammam Est., Saudi Arabia (HADI). The companies have awarded Keppel Singmarine a total of 14 orders since 2001. Keppel Singmarine’s latest delivery for HADI was in December 2005.