Two additional offshore supply vessels for Swire Pacific Offshore

Singapore Technologies Engineering Ltd announced that its marine arm, ST Marine, has won two shipbuilding contracts worth about USD 75 million from Swire Pacific Offshore Operations (SPO), a wholly owned subsidiary of Swire Pacific Limited.

The contracts to build and outfit two anchor handling tug supply (AHTS) vessels, measuring 92m by 22m, are an addition to the existing shipbuilding contract with SPO, announced in June 2011 for four AHTS vessels.  For these contracts, SPO will supply a larger proportion of the major equipment for ST Marine's integration and installation. Construction will commence in 2013.

The two AHTS will adopt the latest dynamic positioning (DP) technology and will be special purpose ship 2008 compliant.  They will also have adequate tank capacities and clear deck space of about 650m² for other offshore applications.  When delivered in the second quarter and third quarter of 2014, respectively, the vessels will join SPO's fleet, supporting the latest generation of semi-submersible rigs operating in deep water and harsh environment.