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ST ENGINEERING WINS NEW DESIGN AND BUILD CONTRACTS

Tuesday, January 15, 2019 

ST Engineering’s Marine division secured S$560m worth of new contracts in the last quarter of 2018, with a number of marine and environmental engineering solutions ordered from its facilities in Singapore and the US. Singapore orders include Fast Patrol Boats for the Singapore Police Coast Guard, and a 145MW Floating Power Barge for Seaboard Corporation subsidiary Transcontinental Capital Corporation (Bermuda), an Independent Power Producer with operation in Dominican Republic. ST Engineering’s US facility, meanwhile, will design and build two Logistics Support Vessels (LSVs) for the US Coast Guard and, for Naval Sea Systems Command (NAVSEA), a new T-AGS 67 Oceanographic Survey Ship. Completion of this contract is expected by May 2019.

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