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    Keppel clinches S$210 million shipbuilding contracts

    Yard News // May 9, 2008

    Keppel Offshore & Marine Limited (Keppel O&M), through its wholly-owned subsidiary Keppel Singmarine Pte Ltd (Keppel Singmarine), has secured two contracts worth S$210 million.

    The first contract was awarded by a repeat customer, Global Offshore International Ltd (Global Offshore), for a derrick pipelay vessel. This is a multi-purpose construction vessel suitable for worldwide operations.

    With accommodation up to 264 persons onboard, the derrick pipelay vessel will be equipped with two propulsion thrusters, six positioning thrusters, four gensets, and integraed pipelay equipment.

    The derrick pipelay and major ship equipment for the DP 23 vessel will be furnished by the owner. The vessel is expected to be delivered in second quarter of year 2011.

    The second contract, for a 100m Rolls-Royce designed UT 788 CDL ultra-deepwater Multi-Functional Support Vessel (MFSV), was awarded by Lewek Shipping Pte Ltd. The owner will furnish the ship equipment.

    When completed in the fourth quarter of 2010, this MFSV, with its hybrid propulsion system of both diesel and electric drive, will have a bollard pull in excess of 300 tonnes. It will also have DP 3.


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