Singapore headquartered ASL Marine Holdings Ltd. reports that its  wholly-owned subsidiary ASL Shipyard Pte Ltd has secured new shipbuilding contracts worth approximately S$267 million (about US$208 million) for the construction of five vessels:

• Two platform supply vessels
• One dredge
• Two barges

The two barges are scheduled for delivery in 2012. The two platform supply vessels and the dredge are expected to be completed in 2013 and 2014 respectively.


October 11, 2011