NGV Tech winning orders for expanded shipyard

Malaysian shipbuilder NGV Tech Sdn Bhd is lining up a string of newbuild contracts for its newly expanded shipyard in Sijangkang, Malaysia. In 2005, the Malaysian shipbuilder expanded the yard to step up its newbuild programme in support of the booming oil and gas sector. The yard is now capable of handling more than 40 units of 34 metre vessels at any one time.

The shipbuilder recently won a deal from Bakri Navigation to build two anchor handling tug supply vessels (AHTSs), each worth $16 million. The 60 metre long vessels, each equipped with 5,000 bhp and 70 tonnes of bollard pull, will be constructed at the newly expanded yard and are scheduled for delivery by the end of 2009.

NGV Tech is close to finalising a contract with a Norwegian client for a newbuild accommodation barge which will accommodate 300 people and is expected to be delivered in June 2009. The yard is also negotiating a deal with a Malaysian client for two newbuild, 8000 bhp to 10,000 bhp AHTSs, which will be supporting Petronas’ oil and gas operations in Malaysian waters.