ST Engineering marine arm clinches S$75M worth of contracts

Construction of the two Anchor Handling Tug Supply vessels for Swire Pacific Offshore will commence in 2013.

Singapore Technologies Engineering Ltd announced that its marine arm, ST Marine, has won two shipbuilding contracts worth about S$75m from Swire Pacific Offshore Operations Ltd, a wholly owned subsidiary of Swire Pacific Limited.

These contracts to build and outfit two Anchor Handling Tug Supply vessels, measuring 92m by 22m, are in addition to the existing shipbuilding contract with SPO, announced in June 2011 for four AHTS vessels. For these contracts, SPO will supply a larger proportion of the major equipment for ST Marine’s integration and installation. Construction will commence in 2013.

These two AHTS will adopt the latest Dynamic Positioning technology and will be Special Purpose Ship 2008 compliant. They will also have adequate tank capacities and clear deck space of about 650m for other offshore applications. When delivered in 2Q2014 and 3Q2014 respectively, the vessels will join SPO’s modern fleet supporting the latest generation of semi-submersible rigs operating in deep water and harsh environment.