ST Marine bags $344m worth of new orders in Q4

The marine arm of Singapore Technologies Engineering (ST Engineering) said the contracts cover major upgrades, conversion, maintenance and repair of vessels in the naval and commercial segments. The ships include pipe-laying vessel, accommodation and work barge, oil and chemical tankers, and a cruise ship.

The new orders also included logistics and management services.

“These projects are being carried out in the Singapore facilities, and will be delivered progressively over the next two to six years,” ST Engineering announced.