ST Engineering wins S$880M vessel build contract
Its ST Marine subsidiary will design and build four patrol vessels for the Royal Navy of Oman.
This contract was awarded by the Ministry of Defence of the Sultanate of Oman through a competitive international tender, said ST Engineering in a release.
ST Marine will build four 75-metre PVs based on its proprietary Fearless Class of PVs. The project will commence immediately with the first vessel expected to be delivered in 2Q 2015 and the final vessel in 3Q 2016.
ST Marine will also provide associated logistic support for the Royal Navy of Oman (RNO).