- Singapore-based Seatrium Limited has secured a series of repair and upgrade contracts valued at S$180 million.
- The projects cover a diverse range of vessels, including offshore rigs, naval vessels, ferries, tankers, and LNG carriers.
Seatrium Limited, a global leader in marine and offshore engineering solutions, has announced the acquisition of a significant contract portfolio valued at S$180 million. These contracts encompass a wide range of repair and upgrade projects for various vessel types, solidifying the company’s position as a market leader.
Diverse Project Scope
The secured contracts cover a diverse range of vessel types, showcasing Seatrium’s comprehensive capabilities. Key project areas include:
- Offshore Vessels: The company has been awarded multiple contracts for major repairs on offshore rigs and drillships. Additionally, Seatrium will undertake the lifetime upgrade of a jack-up installation vessel.
- Naval Vessels: Contracts secured from the US Military Sealift Command and Australia’s Defence Maritime Support Services Program highlight Seatrium’s expertise in naval vessel repair and maintenance.
- Ferries: The company will undertake docking and repair works for a roll-on/roll-off ferry, demonstrating its capabilities in the maritime leisure sector.
- Tankers: Seatrium has secured contracts for periodic maintenance, engine upgrades, and repair of collision-damaged tankers.
- LNG Carriers: The company will execute retrofits for a series of LNG carriers, showcasing its involvement in the evolving energy landscape.
Strategic Partnerships and Growth
Seatrium emphasizes its strong partnerships with clients and its commitment to delivering high-quality, safe, and timely project execution. These newly acquired contracts further solidify the company’s position as a global leader in the vessel repair and upgrade market.
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Source: Seatrium
