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Marine Log

September 19, 2006

Labroy books AHTS orders

Singapore's Labroy Shipbuilding and Engineering Pte Ltd has secured four shipbuilding contracts from a new customer--Greatship (India) Limited, a wholly owned subsidiary of Great Eastern Shipping Company Ltd--for the construction of four 63 m, 80 ton bollard pull anchor handling tug supply vessels ("AHTS"), scheduled for delivery in 2009.

The contracts are worth a total of US $60.4 million (S $95.0 million). Mr Tan Boy Tee, Chairman and Managing Director of Labroy, noted: "Our outstanding order book has hit a new record of S$1.35 billion. Our shipbuilding department will be kept busy until 2009."

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