ASL Marine’s subsidiary ASL Shipyard has won a S$267m (US$209.03m) contract from an unnamed shipowner to build five vessels.

The order includes two platform supply vessels (PSV), one dredger and two barges.

Singapore-based ASL Marine said the barges are scheduled for delivery next year while the PSVs and dredger are expected to be delivered in 2013 and 2014 respectively.