Keppel Nantong Wins $75m in Tug Contracts
Keppel Nantong Shipyard Co. Ltd (Keppel Nantong), the wholly-owned subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M), won three contracts worth a total of $75 million, including owner furnished equipment, to build eight tugs. The first contract is secured from Smit Internationale Beheer B.V (SMIT) to build two 90-ton bollard pull offshore support tugs. It will have anchor handling, diving support, and fire fighting capabilities. Delivery of these two vessels is expected in the first half of 2010. They will be deployed in West Africa. The second and third contracts are awarded by Keppel Smit Towage Pte Ltd and Maju Maritime Pte Ltd. Each contract is for the construction of three 65-tonne bollard pull twin-screw Azimuth Stern Drive (ASD) tugs.
Singapore's Keppel Corp Unit Wins Shipbuilding Contracts
Keppel Corp said its shipbuilding unit in China, Keppel Nantong Shipyard Co Ltd., has won shipbuilding deals worth $75m. The first contract, from Smit Internationale Beheer BV, involves the construction of two 90-ton bollard pull offshore support vessels for delivery in 2010. Keppel Nantong also won contracts from Keppel Smit Towage and Maju Maritime involving construction of six 65-ton bollard pull twin-screw Azimuth stern drive vessels for delivery in 2011. The latest orders brings to 26 the vessels under construction at Keppel Nantong's shipyard. [Source: Thomson Financial]