TRIYARDS secures repair work on offshore vesselYard News // July 3, 2013
TRIYARDS Holdings Limited has achieved an important milestone with its first ship repair work for its newly commissioned floating dock, Lewek Hercules.
The 1,554 dwt offshore supply vessel Mermaid Challenger is currently undergoing repair and maintenance work in the floating dock, which was converted from a load out barge.
The group said it had received several enquiries ever since the dock's commissioning in April and another deal is in the pipeline.
TRIYARDS’ Chief Executive Officer, Wong Bheet Huan, said: ““Although Southeast Asia is a strong and 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."