Sembmarine in negotiations with Brazilian Navy for vessel construction contract
Add BT as a preferred source
SEMBCORP Marine (Sembmarine) S51 is in negotiations with the Brazilian Navy for a contract involving the construction of an Antarctic support vessel. The support vessel project, Projeto Navio De Apoio Antartico (NApAnt), is part of the Brazilian Navy's research vessel project, a company spokesperson said in response to queries from The Business Times on Wednesday (Oct 13).
The contract involves two of Sembmarine's wholly-owned subsidiaries: Estaleiro Jurong Aracruz and Sembcorp Marine Specialised Shipbuilding.
Sembmarine's proposal was identified by the Brazilian Navy as the "best offer" based on four factors: vessel performance, business financial model, construction methodology, as well as life cycle management and integrated logistics support, said the spokesperson.
TRENDING NOW
Singapore developer in limbo after Timor-Leste scraps major township project
From hawker stall to Enterprise Award winner: How Han Keen Juan scaled the Old Chang Kee empire
‘I feel so stupid’: How young Indonesians get stuck on the debt treadmill
Hanoi orders 20% surge in IP enforcement cases in May after US warning
