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Wednesday 16 November 2011

Keppel Singmarine secures newbuild contracts for S$47 million

Singapore, 16 November 2011 - Keppel Singmarine, a wholly-owned subsidiary of Keppel Offshore & Marine (Keppel O&M), has secured two contracts from Indonesian customers worth a total of about S$47 million.

The first contract is for a Coal Transshipment Barge for repeat customer PT Indo Straits Tbk, through its subsidiary company PT Pelayaran Straits Perdana and the second is for the construction of three tugboats for a new customer, an international shipping company.

Mr Hoe Eng Hock, Executive Director of Keppel Singmarine said, “We are pleased with these orders from our valued customers. It is a testament to Keppel Singmarine’s reputation for on time, and on budget deliveries as well as the proven track records of our project execution and technical designs.”

Keppel Singmarine’s contract with PT Pelayaran Straits Perdana is a repeat order of the Coal Transshipment Barge, Straits Venture, which was delivered earlier this year.

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