Pan-United to construct newly awarded vessel at Batam shipyard

Singaporean shipbuilder Pan-United Marine Limited said Tuesday it had clinched a US$49.5 million contract to construct a specialized offshore support vessel with a 180-meter diving support at its Batam shipyard.

?This is the fourth contract from our repeat customer. The building of this large diving support and construction vessel will be a significant achievement for our Batam yard, attesting to our ability to build highly specialized vessels with high engineering content for the oil & gas sector,? Executive Director Ng Sing Chan said in a statement.

The vessel, designed for diving operations, will be equipped with a 1,600-ton revolving pedestal crane and two 100-ton revolving cranes for offshore heavy lifting and pipe-laying projects. The vessel will be first large specialized vessel to be built in Batam yard.

Pan-United operates two shipyards in Singapore and Batam.

According to the statement, the Batam shipyard has successfully completed the building of a 140-meter DP3 (Dynamic Positioned Diving) diving support and construction vessel in January 2003. (Robert)