ST Marine bags orders worth S$344m in fourth quarter

Published Mon, Jan 4, 2016 · 09:50 PM

Singapore

SINGAPORE Technologies Engineering said its marine arm, Singapore Technologies Marine, has secured new orders worth S$344 million for its shiprepair and engineering businesses in the fourth quarter of 2015.

The contracts are for major upgrades, conversion, maintenance and repair of naval and commercial vessels. These vessels include patrol boats, a pipelay vessel, an accommodation and work barge, oil and chemical tankers and a cruise ship.