TRIYARDS Holdings Limited , an offshore vessel fabrication and engineering solutions provider to the oil , gas (O&G) and marine industry, started the year with US$75.4 million in new liftboat orders, the company said in its press release. The latest liftboat contracts not only add to its orderbook, but also extend TRIYARDS’ earnings visibility into its financial year ending 31 August 2016. The Group ’ current newbuild pipeline has quickly grown to eight liftboats , having won five new orders in the last six months.
To - date, TRIYARDS has built and delivered seven liftboats on time and within budget since 2007, cementing its position as Asia's leading fabricator and engineering solution provider in this segment. The two new orders amounting to a total of US$75.40 million (which excludes owner furnished equipment) are next generation state - of - the - art four - legged liftboats expected to be delivered to well established and experienced US - based operators.
Each unit can accommodate 150 persons each (in accordance with the latest Maritime Labour Convention requirements and can be utilised for global deployment.