Doo Appointed Chairman of ST Marine
* Mr Lim Ah Doo, an independent non-executive Director of ST Engineering and Director of ST Marine, will succeed Mr Desker as Chairman of ST Marine. Mr Desker, who served as ST Marine Board Chairman since 2000, has guided the Company through different stages of growth, with revenue now standing at about $960m in 2015, compared to about $360m in 2000. “On behalf of the Board of Directors and the Management, I would like to acknowledge Barry’s invaluable contributions to the ST Marine Board. We wish him all the best,” said Mr Kwa Chong Seng, Chairman of ST Engineering.
ST Marine Celebrates LMV Sovereignty Launch
Singapore Technologies Marine Ltd (ST Marine), the marine arm of Singapore Technologies Engineering Ltd (ST Engineering), held the Launching Ceremony today for the second Littoral Mission Vessel (LMV), Sovereignty, designed and built for the Republic of Singapore Navy (RSN). The Launch Ceremony was officiated by Mr Teo Chee Hean, Deputy Prime Minister and Coordinating Minister for National Security. Initiating the launch of the vessel at ST Marine’s Benoi Yard was DPM Teo’s wife, Mrs Teo Chee Hean.
Oman Navy Receives New Patrol Vessel
Singapore Technologies Marine Ltd (ST Marine) delivered the second Patrol Vessel RNOV Shinas to the Royal Navy of Oman (RNO). The Company also held the Naming Ceremony for the third PV RNOV Sadh built for the Navy. The Guest-of-Honour was the Commander of the Royal Navy of Oman, Rear Admiral (RADM) Abdullah bin Khamis bin Abdullah al-Raisi. The contract for the design and build of the four Al-Ofouq Class of PVs was awarded by the Ministry of Defence of the Sultanate of Oman through a competitive international tender in April 2012.
Criminal Proceedings Against Ex-Employee of ST Marine
On 12 September 2011, Singapore Technologies Engineering Ltd announced that the Corrupt Practices Investigation Bureau (“CPIB”) was investigating certain transactions involving former and current employees of Singapore Technologies Marine Ltd (“ST Marine”). ST Marine has been extending its fullest cooperation to the CPIB in its investigation since 2011. We also refer to our announcement on 11 December 2014 in relation to the criminal prosecution of three former employees of ST Marine.
ST Marine Celebrates Naming of RNOV Al Seeb
Singapore Technologies Marine Ltd (ST Marine), the marine arm of Singapore Technologies Engineering Ltd (ST Engineering), held the naming ceremony today for the first Patrol Vessel (PV) built for Royal Navy of Oman (RNO). The Guest-of-Honour was His Excellency Sayyid Badr bin Saud bin Harub Al Busaidi, Minister Responsible for Defence Affairs of the Sultanate of Oman. ST Marine won the contract to design and build four PVs for RNO in 2012. This contract was awarded by the Ministry of Defence of the Sultanate of Oman through a competitive international tender.
Raytheon Anschütz Systems for New Oman OPV's
Raytheon Anschütz to supply Integrated Bridge & Navigation Systems to four Offshore Patrol Vessels (OPV) for the Royal Navy of Oman. Under the contract, Raytheon Anschütz will equip Oman’s new Al-Ofouq-class OPVs with a complete, new-generation Integrated Bridge and Navigation Systems. Included in the scope of the program is comprehensive documentation and training for instructors, operators and maintenance support personnel. The standardized human machine interface and increased functionality of the multifunctional workstations empower crew to operate from any workplace on the bridge.
Singapore Navy Patrol Boat Order for ST Engineering
Singapore Technologies Engineering wins Ministry of Defence (MINDEF) contract for the design & build of eight new vessels. The Group’s marine arm, Singapore Technologies Marine Ltd (ST Marine) will build the eight vessels at its Singapore Benoi Yard. Singapore Technologies Electronics Limited (ST Electronics), the Group’s electronics arm, will supply the core combat systems and combat system integration solutions. ST Marine will carry out the platform system integration as the lead system integrator.
Heavy Lift Hoverbarge Solutions
Hovertrans Solutions Pte. Ltd., is a designer and manufacturer of hoverbarges for heavy lift in difficult terrain in the global oil and gas, and specialist transportation industries. The company will make its debut at the Offshore Technology Conference 2010 to be held in Houston, Texas, from 3-6 May. The amphibious hoverbarge is capable of carrying thousands of tonnes in payload over swamps / wetlands, tundra, ice and shallow water, and opens up possibilities for oil and gas exploration and remote field development.