Triyards makes a debut in ship repair work

For the Lewek Hercules.

According to a release, Triyards Holdings Limited achieved a new milestone with its first ship repair work for its newly commissioned floating dock, the Lewek Hercules.

The 1,554 dwt offshore supply vessel (OSV) Mermaid Challenger is currently undergoing repair and maintenance work in TRIYARDS' 10,000MT floating dock which was converted from a load out barge.

The Group has received several enquiries ever since the dock's commissioning in April and the Lewek Hercules already has another contract in its pipeline.

TRIYARDS’ Chief Executive Officer, Mr Wong Bheet Huan, said: “The speed with which we secured this repair job attests to our leading reputation in the industry.

“Although Southeast Asia is a strong but competitive market for ship repair, we are confident of building a leading position in this area by focusing on repairs of offshore vessels. We had stated that part of our growth strategy was to grow a revenue stream from ship repairs and I am pleased to have fulfilled our promise to investors with this important milestone."