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    Strategic Marine acquires lease on Singapore yard

    Yard News // July 8, 2009

    Strategic Marine has announced that it has purchased the lease for its Singapore shipyard. This news comes only months after the decision was taken to double the shipyard's capacity to meet demand for the company's crewboats and OSVs.

    With three other yards in Australia, Vietnam and Mexico, the company is currently constructing 63 fully-financed vessels.

    The company’s Vietnamese yard, which has the capability to construct large steel vessels, was officially opened in February this year and has already won more than A$95 million in orders.

    To date, the facility has completed construction of the 103m x 50m steel pontoon base for the Australian Marine Complex’s A$62 million Floating Dry Dock, which was shipped to Western Australia late last year. The dock is expected to completed at the AMC complex in Henderson within the next two months.

    The Vietnamese shipyard is also well advanced with the construction and outfitting of two 143m Dive Support Vessels for Singaporean client Marfield Ltd, as well as 40 oilfield service vessels, four landing craft and recently began construction on the companies first tug vessel for the Port of Napier.


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