Singapore: ASL Marine Holdings now expanding its Batam shipyard at a cost of $30 million.
In a statement released yesterday, the marine group said that its subsidiary, PT ASL Shipyard Indonesia, will expand its ship repair capacity and capability at its shipyard on Batam island. The shipyard's 260m graving drydock would be extended by a further 100m.
A further two shorter graving drydocks will also be added to cater to medium-sized vessels.
All works are expected to be completed by next year, said the statement.
Batam is gearing up for massive shipyard investment with Drydocks World of Dubai purchasing a 175 hectare site on the island which it will convert into a major yard, dwarfing everything in nearby Singapore. [5/4/08]
Copyright © 2024. All rights reserved. Seatrade, a trading name of Informa Markets (UK) Limited. Add Seatrade Maritime News to your Google News feed.
