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2015 October 20   16:10

TRIYARDS adds another US$ 100 million to its newbuild order book

TRIYARDS Holdings Limited reported a strong finish for the  financial year ended 31 August 2015 (FY15) with  a  59% year - on - year jump in  net  attributable profit (PATMI) t o US$ 8.4  million in the fourth quarter , driven mainly by  liftboat construction. 

Work done on liftboats as well as contributions from aluminium  shipbuilder Strategic  Marine a lso  lifted Group revenue by 81% to US$88.4 million. For the full year, TRIYARDS  achieved a PATMI of US$27.2 million on  a  revenue of US$270.1 million . 

Due to be delivered in FY17, each of the new International  Maritime Organization (IMO) Type 2 - certified, double - hull ice - classed  tankers will have a  storage capacity of 24,000 cubic metres and will be specially adapted for operating in colder climates.

For the  industrial fabrication project ,  TRIYARDS will  fabricate  core component parts such  as steel structures, stacks and casings for  a long standing client.  The high speed craft – a 42 - metre steel hulled crew boat and a 31 - metre  catamaran  – will  be built by  wholly - owned  Strategic Marine , and delivery is expected to be in 2QFY16.

About ABC Maritime

ABC Maritime, a Swiss based family owned group of companies, offers complete solutions to  the world’s maritime communities and manages commercially and technically a fleet of tankers,  offshore support vessels and bulkers.

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