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Keppel O&M secures $300 mil worth of marine contracts through subsidiaries

Michelle Zhu
Michelle Zhu • 2 min read
Keppel O&M secures $300 mil worth of marine contracts through subsidiaries
SINGAPORE (Dec 26): Keppel Offshore & Marine (Keppel O&M) has secured contracts worth a combined value of $300 million via its wholly-owned subsidiaries, Keppel Singmarine and Keppel Shipyard.
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SINGAPORE (Dec 26): Keppel Offshore & Marine (Keppel O&M) has secured contracts worth a combined value of $300 million via its wholly-owned subsidiaries, Keppel Singmarine and Keppel Shipyard.

The first contract is by Keppel Singmarine with Shturman Koshelev LLC, for the design and construction of an ice-class LNG bunker vessel built to Keppel O&M’s proprietary MTD 5800V LNG design. It will have an Ice Class Arc 4 notation and a cargo capacity of 5800 sq m.

When completed in 4Q20, the vessel will be chartered to Gazpromneft Marine Bunker for operations in the Baltic Sea.

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