Keppel O&M Secures S$200m Contract, to Build US Hopper Dredger

Keppel Offshore & Marine Ltd (Keppel O&M) has through its wholly-owned subsidiaries, Keppel AmFELS and Keppel Shipyard, clinched contracts worth approximately S$200millioncombined.

In the US, Keppel AmFELS will be constructing a high-specification Trailing Suction Hopper Dredger (TSHD) for Manson Construction Co. The TSHD will be the first dredger built at Keppel AmFELS’ yard in Brownsville, Texas.

When completed, the dredger will have a hopper capacity of 15,000 cubic yards and will operate primarily in the Gulf Coast and Atlantic Coast of the United States.

It will be Jones Act Compliant and built to the requirements of the classification society, American Bureau of Shipping (ABS). Measuring 420ft (128m) long with a breadth of 81ft (25m) and draft of 28.5ft (8m), the TSHD will be a highly automated vessel with a diesel-electric power system.

John Holmes, Manson Construction Co. president, said, “We are pleased to be partnering with Keppel AmFELS, due to their impressive vessel construction capabilities. Their value proposition is strengthened by our shared focus on safety. We are confident they will provide us an efficient, environmentally-friendly and high-quality dredge that exceeds the stringent environmental restrictions and regulations for dredges in the US.”

In Singapore, Keppel Shipyard is undertaking the conversion of a Liquefied Natural Gas (LNG) carrier to a Floating Storage and Regasification Unit (FSRU) bound for the Port of Acajutla, El Salvador.

The contract was inked with FSRU Development Pte Ltd, a joint venture company between BW Gas Limited (BWLNG)and Invenergy Investment Company LLC (Invenergy).

The FSRU will be El Salvador’s first integrated LNG-to-power project.FSRUs are a cleaner, quicker, and safer storage and regasification solution which is particularly suitable for deployment in remote areas with smaller energy requirements.

Keppel O&M converted the world’s first FSRU in 2008 and has been strengthening its comprehensive suite of offerings along the gas value chain.

Chris Ong, CEO of Keppel O&M, said, “We are pleased to receive orders from new and repeat customers even in a challenging market. It is testament to our track record and the value-add we provide in developing innovative and fit-for-purpose solutions that meet market demands.

Keppel O&M’s partnership with the BW Group has grown from strength to strength, having worked together on more than 10 projects, including FPSO and FSRU conversions. – BusinessNewsAsia.com