August 30, 2007
Labroy beefs up offshore capabilities
Singapore's Labroy Marine Limited says it has strengthened its offshore engineering division with the recent recruitment of more than 40 engineers with relevant experience in offshore and rig building. It says this is in line with the increased activities from the offshore engineering division.
Labroy says that Mr K.K. Ng is to take on an advisory role to the Chairman of the Group on matters relating to the Group's rig building program.
"The global offshore industry continues to experience robust growth in the past months," commented Chairman and Managing Director Mr. Tan Boy Tee. "We have received numerous enquiries from potential customers in Europe, United States and Middle East. We have accelerated the development of our rig yard in Batam and look set to complete ahead of schedule."
In the first seven months of 2007, Labroy has secured a total of approximately S$842 million worth of contracts on various offshore vessels, including six anchor-handling tug and supply (AHTS) vessels, two platform supply vessels, a 500-men accommodation barge and two heavy lift jack-up vessels for a Norwegian operator.