Triyards wins 44m euro contract to build LNG ferries for Dutch firm

OFFSHORE marine and engineering firm Triyards Holdings has clinched a new contract worth 44 million euros (S$67.7 million) to build two new liquefied natural gas (LNG) aluminium catamarans.

The vessels, featuring new single-fuel LNG propulsion systems that are more efficient than dual-fuel engines, will be built for Dutch ferry operator Rederij Doeksen (Royal Doeksen).

The ferries will be able to carry up to 600 passengers and 64 cars, and meet stringent emissions requirements, said Triyards, which secured the contracts through its subsidiary Strategic Marine.

Said Strategic Marine CEO Mark Schiller: "We foresee an increased focus in the environmental aspects of marine transportation and LNG emerging as the fuel of choice for vessels and ferries.

"Our focus on the large ferry market is beginning to reap the desired results with this recent win, as we continue to focus on the vertical product chain for aluminium vessels."

The two ferries are scheduled to be delivered in the second quarter of 2018.