FINANCIAL NEWS

Drydocks World SEA clinches orders worth $200m

07 Apr 2010

(MENAFN) Drydocks World Southeast Asia Private Limited (DDW-SEA) announced that it has clinched $200 million worth of new building and conversion orders since the beginning of the year, Reuters reported.

The first is an upgrade from a crane barge to an accommodation barge for Leighton Offshore and the second is a container ship to livestock carrier conversion for a Saudi Arabian customer Hmood Al Ali Al Khalaf Trading and Transporting.

The list of newbuilding contracts includes repeat business from Coastline Maritime and Jack-Up Barge for the third ultra heavy lift construction support vessel and the sixth Jack-Up Barge respectively.

Other newbuilding orders clinched by the company include two dumb barges for PT. Kumala Barito Utara and a RoPax Catamaran (designed by Sea Transport Solutions of Australia) for an Australian client Islands Transport Holdings.

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