Singapore-based Seatrium has secured multiple contracts for repairs and upgrades, with a total value of S$100m, set to be completed by the first quarter of 2025.
On Oct 22, the group said these projects were awarded by various longstanding partners and regular customers.
The contracts cover a range of projects, including carbon capture and storage (CCS) retrofits, major repairs on yachts, cruise ships, LNG carriers, offshore vessels, tankers, as well as damage repairs.
Two of the contracts are for CCS retrofit projects, including one that was announced earlier in 2024 involving retrofitting Solvang’s ASA ethylene carrier, Clipper Eris which is scheduled for November. The second CCS retrofit is for MOL’s Nexus Victoria, which is scheduled to start in December.
The Group has also secured a mega yacht retrofit project from the Middle East.
Seatrium has secured contracts for three offshore refits, including one jack-up rig from COSL Protector Pte Ltd and one pipelay vessel from McDermott.
Aside from conducting scheduled maintenance on two tankers including one tanker from Crowley Alaska Tanker, the group said it obtained a “significant contract for steel renewal works on a vessel that was damaged in a collision and is currently under repair.”
It has also been tasked to undertake repairs on five vessels, which include two LPG carriers, three container ships, and one roll-on/roll-off (roro) carrier. In addition, it has secured repair contracts for three LNG carriers and steelwork for a floating dock.
Alvin Gan, executive vice president of Seatrium Repairs and Upgrades, said: “Each project we undertake requires experienced project management, engineering expertise, and strict adherence to health, safety, security, and environment (HSSE) standards.
“With our proven track record and unwavering commitment, we are dedicated to delivering high quality projects that are safe, timely, and reliable.”
