ST Marine wins conversion order

Singapore Technologies Marine Ltd (ST Marine) has been awarded a $3 million contract from Bluestone Offshore Pte Ltd (Bluestone Offshore), a Singapore-based company specializing in deepwater geotechnical analysis.

ST Marine will convert Bluestone Topaz, a multipurpose ROV support and platform supply vessel to a geotechnical survey vessel at its main yard in Benoi.

This is Bluestone's first vessel as it enters into the subsea market's niche segment of deepwater geotechnical analysis.

ST Marine is the marine arm of ST Engineering, one of the largest companies listed on the Singapore Exchange.

Bluestone Topaz, measuring 72 m in length with a 6.5 m depth and maximum deadweight tonnage of 2,180 t, is expected to be redelivered by end 2008.

ST Marine's retrofitting work includes the construction of a new moonpool complete with cover as well as fabrication and installation of a new mezzanine deck, tween deck and platform.

The vessel will be upgraded and equipped with a derrick system capable of operating in water depths of up to 1,800 meters, suitable for major offshore locations.