Triyards secures orders to deliver liftboat and high-speed aluminium craft

7 April 2015 (Last Updated April 7th, 2015 18:30)

Singapore-based shipbuilder Triyards has received orders worth $100m for a liftboat and a high-speed aluminium craft project along with a fabrication project.

Singapore-based shipbuilder Triyards has received orders worth $100m for a liftboat and a high-speed aluminium craft project along with a fabrication project.

The high-speed aluminium craft project, which will be carried out by Triyards’ subsidiary Strategic Marine, also includes integrated logistics support work, the company said.

Triyards CEO Chan Eng Yew said: "Our fast-growing contract wins across a diverse product range demonstrate the industry’s high regard for our fabrication capabilities in both steel and aluminium vessels.

"Not only are we able to deliver on our exclusively designed liftboats, we are also gaining traction in securing other types of vessel orders."

"Our fast-growing contract wins across a diverse product range demonstrate the industry’s high regard for our fabrication capabilities." 

Under this new liftboat order, Triyards will build a three-legged lattice BH 335 unit, which will make the company’s current new-build pipeline to 11 vessels.

The BH 335 lattice unit variant will have leg lengths of more than 100m and will be capable of accommodating around 146 people. Construction of the new liftboat is expected to be completed in the fourth quarter of 2016.

Strategic Marine’s new order follows the recent delivery of multi-purpose service vessel, the StratCat, to an European windfarm service sector operator, Njord Offshore.

Strategic Marine is expected to deliver the new high-speed aluminium craft over a period of four years.

In March this year, Triyards secured contracts worth $100m for two Ice-class multi-purpose support vessels (MPSVs) contracts and a turret fabrication project.

Triyards Holdings acquired Henderson Marine Base’s Strategic Marine units in Singapore and Vietnam in October 2014.