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Triyards clinches $12.8m order for new escort tugs product range

Singapore’s Triyards Holdings has extended its product range to include escort tugs, and clinched a new deal to deliver four of the tugs to marine craft group Greenbay Marine.

Lee Hong Liang, Asia Correspondent

November 17, 2015

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Worth some $12.8m, the contract is for four RAstar 3400 Azimuth Stern Drive Tugs, and they are expected to be delivered by early 2017. The tugs will be designed for escort operations in adverse sea and weather conditions.

“We will continue to execute our product and sector diversification strategy to build a diversified orderbook,” said Chan Eng Yew, ceo of Triyards, an engineering, fabrication and ship construction unit of Ezra Holdings.

At at October 2015, Triyards sat on an orderbook of $564m comprising nine liftboats, two multi-purpose support vessels, three chemical tankers, a variety of aluminum craft, a FPSO vessel turret as well as two industrial fabrication projects, all in various stages of construction.

About the Author

Lee Hong Liang

Asia Correspondent

Singapore-based Lee Hong Liang provides a significant boost to daily coverage of the Asian shipping markets, as well as bringing with him an in-depth specialist knowledge of the bunkering markets.

Throughout Hong Liang’s 14-year career as a maritime journalist, he has reported ‘live’ news from conferences, conducted one-on-one interviews with top officials, and had the ability to write hard news and featured stories.

 

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