SINGAPORE (Yosefardi) – ASL Marine Holdings Ltd. said its wholly-owned subsidiary, ASL Shipyard Pte Ltd (ASLS), has secured new shipbuilding contracts worth approximately S$140 million for the construction of a series of tugs and barges.
All of these vessels are specially designed and built for overseas customers who are engaged in the mining and marine infrastructure industries.
These projects will be executed at the Group’s shipyards in Singapore and Indonesia.
As at 30 June 2015, the Group had an outstanding shipbuilding order book from external customers of approximately S$356 million for 20 vessels, comprising AHTS, tugs, barge, Seismic Support Vessel and tanker. These vessels will be progressively delivered up to the first quarter of 2018.
ASL Marine Holdings Ltd. reported revenue of S$184.2 million and net profit attributable to shareholders of S$7.9 million for the twelve months ended 30 June 2015.