Singapore Technologies Engineering Ltd (ST Engineering) announced that its marine arm, Singapore Technologies Marine Ltd (ST Marine), has secured a S$30m contract to provide detailed design, construction and outfitting of a 228 ft seismic survey vessel for Swire Pacific Offshore Operations (Pte) Ltd (SPO), a wholly-owned subsidiary of Swire Pacific Limited. Construction is expected to commence in May 2009 and delivery is planned for the second half of 2010. This contract is not expected to have any material impact on the consolidated net tangible assets per share and earnings per share of ST Engineering for the current financial year.