Sembawang wins crane ship

30 May 2007

After the announcement that Acergy?s joint venture Seaway heavy Lifting is to build a new 5,000 tonne crane ship, the Singapore shipbuilder Sembawang Shipyard has also received an order to build a new crane vessel under a contract with Avonway Ltd of Cyprus, a subsidiary of Nordic Heavy Lift ASA.

Sembawang?s $221 m deal covers design, construction, outfitting and commissioning of the new heavy lift vessel fitted with class 3 dynamic positioning using a design from Sea of Solutions BV in The Netherlands. The 13,500 tonne hull will be built in China and will be equipped with accommodation for between 220 and 440 personnel and a 5,000 tonne heavy lift Huisman mast crane which will be owner-supplied.

Sembawang, the world's second largest builder of offshore rigs after sister company Keppel Corporation, has an option for a second vessel. The new vessel will be built to Det Norske Veritas classification standard. SembMarine said Sembawang Shipyard was awarded the ?milestone specialised contract? against strong international competition. 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."

This 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% for semi-submersible rigs.

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