ASL secures European orders

Singapore shipbuilder ASL Marine Holdings has secured new shipbuilding contracts worth $67.5 million from European clients. The contracts are for one 90 metre DP-2 subsea operation vessel, two Rotor tugs and 2 self-propelled split hopper barges. The Rotor tugs are repeat orders and are expected to be completed in 2010. The subsea operation vessel and the two hopper barges are expected to be completed in 2009.