STM to design Swire seismic vessel

The marine arm of Singapore Technologies Engineering Ltd. (ST Engineering), ST Marine, secured a $19.6 million contract to provide detailed design, construction and outfitting of a seismic survey vessel for Swire Pacific Offshore Operations, a wholly-owned subsidiary of Swire Pacific Ltd. Swire had been planning for the newbuild and will be providing the vessel’s basic design and major equipment, including the seismic survey equipment. Construction is expected to commence in May 2009 and delivery is planned for the second half of 2010.

The 68 metre by 15 metre vessel, with two 2,880 kW medium speed diesel propulsion, will be designed, constructed, completed and delivered in compliance with the rules, regulations and with all the requirements and under the survey of ABS.