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    Keppel secures contracts worth S$150 million

    Yard News // August 6, 2007

    Keppel Singmarine has secured a repeat contract from Greatship.

    Keppel Singmarine Pte Ltd (Keppel Singmarine), a wholly owned subsidiary of Keppel Offshore & Marine Limited (Keppel O&M), has secured a repeat contract from Greatship Global Offshore Services Pte Ltd (Greatship) to build two PSVs.

    Deliveries for the two PSVs will be between end 2009 and the first quarter of 2010.

    The vessels are similar to the two PSVs ordered by Greatship, a Singapore registered company headquartered in India, two weeks ago.

    Measuring 94m in length, each vessel is to be equipped with electric propulsion powered by 8,160kW (total) generators, Class 2 dynamically positioning system and have 2 x 2600kW steerable thrusters and 2 x 1050kW tunnel thrusters.

    Each vessel will have accommodation for 64 persons, a design speed of 14.5 knots and cargo capacity of 4,600dwt.

    Meanwhile, Keppel AmFELS Inc in USA, another wholly owned subsidiary of Keppel O&M, has received a contract from Diamond Offshore Services Company to modify and extend the life of the semisubmersible, Ocean Yorktown.

    Work is scheduled for completion in March 2008.

    The total value of these contracts is S$150 million.



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