ASL to build seven ships for $67 million

ASL Marine Holdings Ltd. has secured new shipbuilding contracts worth a total of SGD 96 million ($67 million) for the construction of seven vessels.

Offshore staff

SINGAPORE -- ASL Marine Holdings Ltd. has secured new shipbuilding contracts worth a total of SGD 96 million ($67 million) for the construction of seven vessels.

The vessels include two emergency response and rescue vessels, one water injection dredger, and four rotor tugs of 80 tons (73 metric tons) bollard pull.

All seven vessels are secured from existing European customers, and will be built at the company's Singapore shipyard.

1/15/2008

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