TRIYARDS Holdings Limited continues to push beyond the offshore oil & gas (O&G) sector with its latest string of contracts worth US$ 45.5 million, despite the current environment, the company said in its press release.
One of the newly minted contracts will see the Group construct its scientific research vessel for new client Taiwan Ocean Research Institute, National Applied Research Laboratories , a Taiwan government agency.
Slated for completion in the financial year ending 31 August 2017 ( FY1 7) , the diesel electric - powered workboat worth in excess of US$26.4 million to be used to support on - going research activities of the TORI.
The other orders were secured by wholly - owned Strategic Marine and include two 26 - metre wind farm crew transfer vessels , which will support opportunities in the renewable energy sector, as well as a 36 - metre high speed passenger ferry.
Strategic Marine will also be busy with aluminium and steel fabrication work such as pontoons and gangways. The vessel contracts were awarded by new clients based in the United Kingdom and New Caledonia.