Triyards has secured two orders worth $7.5m for the construction and out-fitting of two cruise ships.
The company will construct the new-build Aqua Mekong, owned by Aqua Expeditions and upgrade accommodation on the Silver Discoverer, owned by Florida-based International Shipping Partners.
Triyards will build the hull and install piping, electrical and mechanical systems and equipment for the 63m-long Aqua Mekong. The cruise vessel will operate as a hotel along the Mekong River.
The Silver Discoverer is a 103m-long vessel, with a gross tonnage of 5,218GT.
The refurbishment programme will add a new gymnasium, beauty salon and extra expedition cabins to the ship.
Refurbishment will take 12 weeks and the vessel is expected to start service at the end of Q1 this year.
Triyards CEO Wong Bheet Huan said these deals mark a new chapter for the company and will draw in further opportunities in the marine industry.
"Our focus on building engineering capabilities has had the effect of Triyards gaining recognition beyond work in the offshore oil and gas arena, and into the offshore tourism industry," Huan said.
"This bodes well for our future as we continue to diversify and establish new revenue streams. We will continue to focus on creating value in our design range and capabilities while delivering highly demanding projects."
Triyards is a Singapore-based offshore vessel manufacturer engineer.