Extending our Horizons - Singapore Technologies Engineering

The first locally built frigate, ‘RSS Intrepid’ waslaunched by Mrs Lee Hsien Loong, wife ofSingapore’s then Deputy Prime Minister andMinister for Finance.Keel laying ceremonies for Frigate 4 and Frigate 5were held at ST Marine during the year.VT Halter Marine launched ‘Jean Anne’, the firstPCTC to be built in the US.The shiprepair business continued to grow its customerbase even as it continued its relationships withprominent players such as Stolt Nielsen, USA; Odfjell,Norway; Van Oord and Boskalis International, Holland;and the Belgian company, Dredging International.New shiprepair customers included Accord ShipManagement, India; Inai Kiara, Malaysia; StarManagement, Japan; Osterreichescher Lloyd Groupas well as Schlussel Reederei, Germany.ST Marine also completed major assignments such asthe grounding damage repair of the bulk carrier, ‘OceanHope 2’, from MK Shipmanagement of Japan; collisiondamage repair of the bulk carrier, ‘Katerina’, fromEurocarriers, Greece; as well as major steelwork repairsfor the bulk carrier, ‘Emir’, from E-Maritime, Singapore.The dredger repair market continues to remain softbecause of curbs by regional governments on theexport of sand for regional reclamation projects.61TheEnterpriseInstinct