Search results for: Triyards Holdings Limited

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  • 6 September 2017
    Business & Finance

    Singapore-based Triyards Holdings Limited said it was reassessing its ability to continue or to complete current projects with the existing financial resources available as it is experiencing liquidity shortage. The financially-troubled shipbuilder is “experiencing difficulties in gaining access to new sources of liquidity in the current environment”. The company claims that the market has further […]

  • 27 October 2017
    Business & Finance

    Problems keep on emerging for the financially-troubled shipbuilder Triyards Holdings Limited as suppliers take their claims over unpaid bills to court. According to the latest update from the Singapore-based company, some of its subsidiaries have received various claims from suppliers and are currently involved in on-going litigation. In addition, one of the subsidiaries of the company has […]

  • 13 March 2017
    Business & Finance

    Strategic Marine, a subsidiary of TRIYARDS Holdings Limited, has received contracts worth USD 20.6 million to construct two passenger ferries for two ferry operators. Under the contracts, the company will build an 85-meter vehicle passenger ferry for Scottish ferry operator Pentland Ferries, while the second vessel, a 40-meter high-speed passenger ferry, was ordered by an […]

  • 30 December 2015
    Business & Finance

    Singapore-listed Triyards Holdings Limited has secured contracts to build two oil barges worth NTD 716 million (USD 21.82m) from a new client, CPC Corporation (CPC), a Taiwan state-owned oil and gas company responsible for supplying energy to its domestic market. The new contracts stipulate the construction of a pair of oil barges intended for coastal […]

  • 20 October 2015
    Business & Finance

    Chemical tanker owner Swiss-Canadian Maritime Ltd., has ordered three 21,800 dwt chemical tankers from Triyards Holdings Limited. The three tankers are due for delivery in 2017, and will be managed by the Swiss-based ABC Maritime A.G. These new International Maritime Organization (IMO) Type 2-certified, double-hull ice-classed tankers will have a storage capacity of 24,000 cbm, and will be specially […]

  • 6 June 2016
    Business & Finance

    Singapore-based Triyards Holdings Limited has formed a new shipbuilding and repair subsidiary in Singapore, according to the company’s announcement. Triyards’ wholly-owned subsidiary, Triyards Fabrication Services Pte. Ltd. (TFS), has been incorporated with a paid-up capital of USD 2 comprising of 2 ordinary shares. The main activity of TFS would be repairing and building of ships, tankers and other ocean-going vessels, Triyards said, adding that “none […]

  • 20 October 2015
    Business & Finance

    Chemical tanker owner Swiss-Canadian Maritime Ltd., has ordered three 21,800 dwt chemical tankers from Triyards Holdings Limited. The three tankers are due for delivery in 2017, and will be managed by the Swiss-based ABC Maritime A.G. These new International Maritime Organization (IMO) Type 2-certified, double-hull ice-classed tankers will have a storage capacity of 24,000 cbm, and will be specially […]

  • 14 December 2015
    Business & Finance

    Ezra Holdings Limited, a Singapore-based contractor and provider of integrated offshore solutions to the oil and gas industry, announced on December 11 that the Group’s non-executive chairman, Koh Poh Tiong, will step down with effect from February 1, 2016. The company said Koh would also relinquish his role as senior advisor to the Group which […]

  • 8 January 2015
    Business & Finance, Exploration & Production

    Triyards Holdings Limited , an offshore vessel fabrication and engineering solutions provider to the oil, gas and marine industry, has received $75.4 million worth of new liftboat orders. So far, Triyards has constructed and delivered seven liftboats since 2007. The two new orders are four-legged liftboats scheduled for delivery to US-based operators, Triyards has said. The liftboats will be able […]

  • 11 April 2016
    Business & Finance

    Western Australian-based shipbuilder Strategic Marine, a part of Triyards Holdings Limited (TRIYARDS), has secured a new contract with Dutch ferry operator Rederij Doeksen for the construction of two LNG-powered aluminium catamarans. The contract is worth approx. USD 50.1 million (EUR 44 million). Developed by nautical design company BMT Nigel Gee, Triyards says the two RoPax […]

  • 29 December 2017
    Business & Finance

    Triyards has received termination notices for construction deals related to two chemical tankers.

  • 11 July 2017
    Business & Finance

    Singapore-based Triyards Holdings Limited informed that it expects to report a net loss for the third quarter of the 2017 fiscal year ended May 31. In the company’s profit guidance, released with respect to the unaudited consolidated financial results for the quarter, Triyards’ board said that expected quarterly net loss is mainly attributable to the continued depressed […]

  • 5 May 2015
    Business & Finance

    The board of Ezra Holdings Limited, a Singapore-based contractor to the oil and gas industry, has today appointed Lionel Lee as Chairman of Ezra’s Subsea Services division, EMAS AMC. According to the company, holding the position of EMAS AMC Chairman as well as being part of Ezra’s EXCO, means that Lee will direct the development […]

  • 13 February 2018
    Business & Finance

    Triyards has entered into an exclusivity and short-term loan agreement with Ferrell Vanguard.

  • 1 March 2018
    Business & Finance

    Triyards has received a termination notice for a design and construction deal related to a chemical tanker.

  • 16 September 2014
    Business & Finance

    Triyards Holdings Limited, an offshore vessel fabrication and engineering solutions provider to the oil and gas (O&G) industry, has added another liftboat contract worth USD 50.5 million to its orderbook, the company announced in a release. The order for the new unit comes soon after TRIYARDS’ two other liftboat contracts worth USD 112 million in July, bringing the […]

  • 9 January 2014
    Business & Finance

    TRIYARDS Holdings Limited, an offshore vessel fabrication and engineering solutions provider to the oil and gas (O&G) industry, secured two new orders in vessel construction and outfitting for two cruise liners, demonstrating the group’s versatility in the Marine industry. The total contract value of the work for the company and its partners is approximately $7.5 […]

  • 7 April 2017
    Business & Finance

    As part of its diversification strategy, Singapore-based Triyards Holdings Limited has secured USD 32.9 million in new contracts in April 2017, bringing the company’s order book value to USD 321 million. The contracts include the fabrication of seven tugboats and one 16-metre aluminium crew transfer vessel from a Vietnamese vessel owner and operator. The vessels are […]

  • 9 March 2015
    Business & Finance, Equipment

    TRIYARDS Holdings Limited  has secured deals for two iceclass Multi-Purpose Support Vessels (MPSVs) as well as a turret fabrication job worth over US$100 million. These come less than two months after the recent US$75.4 million win for two liftboat contracts in early January.  The MPSV contracts were signed with Ocean Energy Ventures Ltd, a wholly-owned subsidiary of MDL […]

  • 9 January 2014

    TRIYARDS Holdings Limited, an offshore vessel fabrication and engineering solutions provider to the oil and gas (O&G) industry, secured two new orders in vessel construction and outfitting for two cruise liners, demonstrating the group’s versatility in the Marine industry. The total contract value of the work for the company and its partners is approximately $7.5 […]

  • 7 May 2013

    TRIYARDS Holdings Limited (TRIYARDS) has become one of only three Singapore yards able to design and build its own proprietary drilling jack-ups and self-elevating units (SEUs) with the introduction of the new Premium Class 400 HPHT (high pressure, high temperature) Drilling Jack-up Rig, the TDU-400. This latest design comes on the heels of the Group’s […]

  • 7 July 2015
    Business & Finance

    TRIYARDS Holdings Limited has won $175 million in liftboat orders, which excludes owner furnished equipment.  The vessel orders for two enhanced BH450 series liftboats will be the third and fourth in the series to be built by TRIYARDS. According to TRIYARDS, each of these lattice -legged vessels will stand at more than 130 metres (approximately […]