Singapore: Offshore engineering and fabrication firm Triyards Holdings Limited has landed two contracts worth $59m, it announced today.
One of the contacts includes the firm's 10th SEU order, sold to an Asian-based client, for the BH 335 which is capable of working in water depths of up to 70m and can accommodate 160 personnel. The other contract is for the construction of a turret for a FSO in Indonesia.
Wong Bheet Huan, ceo of Triyards, said: “With the Group expanding its offerings not only in types of SEUs and steel fabrication, but other services such as ship repair and onshore infrastructure projects under our industrial division, we are well positioned for steady growth.”
Triyards is 67%-owned by Ezra Holdings and has conformed $209m worth of orders over the last 12 months. [28/10/13]