Strategic Marine has acquired the fixed infrastructure and the lease for the shipyard located 5 Benoi Road in Singapore. The lease transfer was completed with JTC Corporation.
The facility was previously operated by Keppel Singmarine in addition to its main yard at 15 Benoi Road and remains listed on the Keppel Offshore & Marine website.
The yard includes a 5,000 dwt drydock, 105m x 18.5m, and a 6,000 dwt slipway. The facilities will allow Strategic Marine to build and service larger vessels.
“We are delighted with this new development as it immediately increases our operational footprint. We are already in discussions with existing and new clients on several projects and we are hopeful these discussions will culminate in contracts in the next few months,” Chan Eng Yew, CEO of Strategic Marine said.
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