TRIYARDS Holdings Limited has secured deals for two iceclass Multi-Purpose Support Vessels (MPSVs) as well as a turret fabrication job worth over US$100 million. These come less than two months after the recent US$75.4 million win for two liftboat contracts in early January.

The MPSV contracts were signed with Ocean Energy Ventures Ltd, a wholly-owned subsidiary of MDL Marine Holdings Pte Ltd, and will extend the earnings visibility for the offshore vessel fabrication and engineering solutions provider beyond the financial year ending 31 August 2016 (FY16).

TRIYARDS’ new turret fabrication project, on the other hand, is for London Marine Consultants (LMC) which recently won a contract for the engineering, procurement and construction of an external turret mooring system for the Libra field’s – one of Brazil’s largest oil fields to-date – Extended Well Test Floating Production, Storage and Offloading vessel.

LMC is a wholly-owned subsidiary of TRIYARDS’ parent, Ezra Holdings Limited.

Chan Eng Yew, the Group’s Chief Executive Officer, said: “It has been a strong start for us in 2015, with TRIYARDS adding almost US$180 million in new orders. “Having already established our leadership in the liftboat segment in Asia, we remain committed to growing TRIYARDS’ reputation as a first-class builder of a wide range of vessels and equipment.”

The ABS-classified MPSVs will have strengthened hulls capable of sailing through ice. Measuring 89.3 metres in length, each MPSV will be fitted with a 150T active heave compensated crane and will come equipped with a Class 2 dynamic positioning system, making the unit suitable for global deployment.

These vessels are based on the V4830 design from naval architect Vik-Sandvik Design India Pvt Ltd, which has an established track record in delivering basic and detailed ship design services and other consultancies to ship owners, shipyards and oil & gas companies all over the world.

Source - www.offshoreenergytoday.com

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