Keppel Offshore & Marine secures OSV Contracts
Keppel Offshore & Marine Ltd (Keppel O&M) has secured a total of S$172 million worth of contracts through its wholly owned subsidiaries, Keppel Singmarine Ltd and AMFELS in USA. Keppel Singmarine, a specialized shipbuilder, will build four Anchor Handling Tug/ Supply (AHTS) vessels for European based company, Groupe Bourbon and four harbor tugs for Keppel Smit Towage. Deliveries of the eight vessels are slated progressively between the third quarter of 2004 and first quarter 2006.
Keppel Singmarine Wins Contracts for 5 Vessels
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.