Hovertrans Solutions News

Singapore Technologies Engineering Ltd (ST Engineering) announced that Hovertrans Solutions Pte. Ltd. (Hovertrans Solutions), a subsidiary of Singapore Technologies Marine Ltd (ST Marine) has been placed under members’ voluntary winding up pursuant to Section 290(1)(b) of the Companies Act, Chapter 50. Hovertrans Solutions was set up as a joint venture company between ST Marine and its partners, Hovertransport Consultants Ltd, Clearstone Investments LLC and Oasis Marine Consultants Pte. Ltd. to exploit the use of hoverbarges for heavy lift in difficult terrain in the global oil and gas, and specialist transportation industries. The decision to liquidate Hoverstrans Solutions was mutually agreed by all shareholders.

First such vessel built in Singapore. Hovertrans Solutions Pte. Ltd. (Hovertrans Solutions) announced today that it has successfully completed the construction of a modular heavy lift hovercraft, the first of its kind to be built in Singapore. The hovercraft, commonly referred to as a hoverbarge, is now ready for charter. It is ideal for industries such as oil and gas, heavy logistics industries as well as for civil engineering work in otherwise inaccessible or environmentally sensitive terrain.

First such vessel built in Singapore. Hovertrans Solutions Pte. Ltd. (Hovertrans Solutions) announced today that it has successfully completed the construction of a modular heavy lift hovercraft, the first of its kind to be built in Singapore. The hovercraft, commonly referred to as a hoverbarge, is now ready for charter. It is ideal for industries such as oil and gas, heavy logistics industries as well as for civil engineering work in otherwise inaccessible or environmentally sensitive terrain.

Hovertrans Solutions Pte. Ltd. (Hovertrans Solutions) is a designer and manufacturer of hoverbarges for heavy lift in difficult terrain in the global oil and gas, and specialist transportation industries. The amphibious hoverbarge is capable of carrying thousands of tonnes in payload over swamps / wetlands, tundra, ice and shallow water. A significant advantage of the hoverbarge is that it only exerts 1psi ground pressure whilst on hover, thus minimizing any environmental footprint.

Hovertrans Solutions Pte. Ltd., is a designer and manufacturer of hoverbarges for heavy lift in difficult terrain in the global oil and gas, and specialist transportation industries. The company will make its debut at the Offshore Technology Conference 2010 to be held in Houston, Texas, from 3-6 May. The amphibious hoverbarge is capable of carrying thousands of tonnes in payload over swamps / wetlands, tundra, ice and shallow water, and opens up possibilities for oil and gas exploration and remote field development. A significant advantage of the hoverbarge is that it only exerts 1psi ground pressure whilst on hover, thus minimizing any environmental footprint. Hovertrans Solutions is formed by Singapore Technologies Marine Ltd (ST Marine).