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ST Engineering's marine arm wins S$560m in new contracts in Q4 2018
ST Engineering’s marine arm has won S$560 million of new contracts in the last quarter of 2018. The Ministry of Home Affairs has awarded it a contract for the design, construction and maintenance of Fast Patrol Boats for the Singapore Police Coast Guard.
ST Engineering and Siemens have jointly received an order for a SeaFloat barge-mounted power plant from Seaboard Corporation subsidiary, Transcontinental Capital Corporation (Bermuda), an independent power producer with operations in Dominican Republic.
ST Engineering was also awarded the mechanical & electrical contract for Jurong Island Desalination Plant, and another contract by a foreign government for the detailed design and construction of two firm Logistics Support Vessels (LSVs).
The group’s US shipyard also received a contract from the Naval Sea Systems Command for the functional design engineering, procurement of long-lead time material, and limited advanced production to support the new Oceanographic Survey Ship.