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Keppel O&M wins first LNG carrier newbuild order

Singapore

KEPPEL Offshore & Marine has won its first contract to construct liquefied natural gas carriers (LNGCs).

Its wholly owned subsidiary, Keppel Singmarine, was awarded a S$103 million contract to build two small-scale LNGCs for Stolt-Nielsen Gas BV.

Keppel Singmarine has also secured options from the same client to build three other similar LNGCs.

The options are due to be exercised within six, 12 and 18 months from the effective date of the contract.

Keppel Singmarine is expected to deliver the...

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