Sembcorp Marine's wholly owned subsidiary, Sembawang Shipyard Pte Ltd, has won a US$221 million contract from Avonway Ltd of Cyprus, a wholly owned subsidiary of Nordic Heavy Lift ASA of Norway, to design, construct, outfit and commission a 5,000 tonne DP3 heavy lift crane vessel.
The mainboard listed company, the world's second largest builder of offshore rigs after sister company Keppel Corporation, has an option for a second vessel.
The new vessel, based on a design from Sea of Solutions BV, will be built to Det Norske Veritas classification standard.
SembMarine said Sembawang Shipyard was awarded the 'milestone specialised contract' against strong international competition.
The contract requires the complete engineering, construction, outfitting and commissioning of a 13,500 tonne new hull to be built in China, into a DP3 heavy lift crane vessel with accommodation for between 220 and 400 men and equipped with a 5,000 tonne heavy lift Huisman mast crane.
The vessel, which will be deployed worldwide, is scheduled to be delivered in March 2010.
Sembawang's managing director Ong Poh Kwee said: 'This milestone award reaffirms Sembawang Shipyard's market leadership in the specialised dynamic positioning offshore heavy lift vessel market.'
In turn, Frederik M Steenbuch, general manager of Nordic Heavy Lift, said: 'Sembawang Shipyard has demonstrated its strong track record in handling sophisticated offshore work, especially vessels equipped with dynamic positioning capabilities. We are confident that both Nordic Heavy Lift and Sembawang Shipyard will be able to work closely towards the successful completion and commissioning of this significant project.'
The latest order lifts its order book way past the $4 billion mark. Combined with Keppel and others, Singaporean companies have grown to become world leaders in the offshore sector, holding a more than two-thirds market share for FPSO conversions, and more than 40 per cent for semi-submersible rigs.
The mainboard listed company, the world's second largest builder of offshore rigs after sister company Keppel Corporation, has an option for a second vessel.
The new vessel, based on a design from Sea of Solutions BV, will be built to Det Norske Veritas classification standard.
SembMarine said Sembawang Shipyard was awarded the 'milestone specialised contract' against strong international competition.
The contract requires the complete engineering, construction, outfitting and commissioning of a 13,500 tonne new hull to be built in China, into a DP3 heavy lift crane vessel with accommodation for between 220 and 400 men and equipped with a 5,000 tonne heavy lift Huisman mast crane.
The vessel, which will be deployed worldwide, is scheduled to be delivered in March 2010.
Sembawang's managing director Ong Poh Kwee said: 'This milestone award reaffirms Sembawang Shipyard's market leadership in the specialised dynamic positioning offshore heavy lift vessel market.'
In turn, Frederik M Steenbuch, general manager of Nordic Heavy Lift, said: 'Sembawang Shipyard has demonstrated its strong track record in handling sophisticated offshore work, especially vessels equipped with dynamic positioning capabilities. We are confident that both Nordic Heavy Lift and Sembawang Shipyard will be able to work closely towards the successful completion and commissioning of this significant project.'
The latest order lifts its order book way past the $4 billion mark. Combined with Keppel and others, Singaporean companies have grown to become world leaders in the offshore sector, holding a more than two-thirds market share for FPSO conversions, and more than 40 per cent for semi-submersible rigs.