ST Marine wins $446m new orders in 4Q13

SINGAPORE Technologies Engineering's wholly owned marine subsidiary, ST Marine, has secured $446 million in new orders in the fourth quarter of last year (4Q13).

"These orders are in addition to the recent contract worth about US$350 million won by our US shipyard, VT Halter Marine Inc, for the design and construction of two units of container roll-on/roll-off vessels and the bareboat charter contract for the roll-on/roll-off passenger vessel to Nova Star Cruises Limited," said ST Engineering.

The current contracts secured by ST Marine include those for logistics management, maintenance, major upgrade and conversion projects, as well as repairs and upgrades of various offshore support vessels including drillship and pipe-laying vessels.