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Marine Log

June 12, 2006

More orders for ASL

Singapore's ASL Marine Holdings Ltd. says that its wholly-owned subsidiary, ASL Shipyard Pte Ltd has secured additional shipbuilding contracts worth a total of Singapore $81.3 million (US $51million) for the construction of nine new vessels to be delivered to customers in Australia, Europe, Malaysia and Singapore

The orders are for three anchor handling tug supply vessels (AHTS), a platform supply vessel (PSV) and five work barges.

The PSV and work barges are expected to be completed by the financial year ending June 30, 2007 and the AHTS by the financial year ending June 30, 2008

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