ASL Marine Nets $76.5m in New Contracts

 A wholly-owned subsidiary of ASL Marine Holdings Ltd., ASL Shipyard Pte Ltd (ASLS), has secured new shipbuilding contracts worth approximately $76.5 million.

ASL Marine Nets $76.5m in New Contracts

Under the contracts, the shipyard will build two Emergency Response and Rescue Vessels (ERRV’s) and four Anchor Handling Tug Supply (AHTS) Vessels.

The vessels are secured from customers in Europe and Singapore and will be built in accordance with the Rules of Lloyd’s Register of Shipping and ABS classification respectively.

Emergency Response and Rescue Vessels will be constructed at the group’s shipyard in Singapore, and are scheduled for delivery in 2015.

Anchor Handling Tug Supply Vessels will be built at the group’s shipyard in China and are expected to be completed in 2015 – 2016.

 

[mappress]
aslmarine, February 11, 2014

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