Monday, June 16, 2008

Oz shipbuilder snares offshore vessel gig

West Australian shipbuilder Strategic Marine’s Vietnamese facility is primed to build a steel-hulled offshore services vessel, which boosts its total orders in less than 18 months of operation to more than US$60 million.

The yard won the new order for a 143 metre steel-hulled well stimulation vessel from Singapore outfit Marfield, the same company that ordered two 143m steel dive support vessels (DSV) from Strategic Marine last year. Construction of the first two DSVs is well under way and Strategic Marine expects to deliver both hulls by the end of this year. Strategic Marine’s 136,500 square metre Vietnamese yard at Dong Xuyen Industrial Zone, Ba-Ria Vung Tao, has ramped up rapidly in recent months, with the workforce swelling to well over 1000 and a number of workshops and slipways nearing completion. Now with four yards in operation globally – Vietnam, Western Australia, Singapore and Mexico - Strategic Marine’s order book has climbed above the US$250 million mark, with more than 130 vessels on order. Meanwhile, the company is making the most of the current high demand for offshore vessels in international shipping markets by building eight aluminium crew boats on a speculative basis.

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