Expected to be completed by the 1HFY2027, the W2W vessel will not be ST Engineering’s first, with the group having delivered a wide range of vessels from patrol vessels for navies to superyachts for private clients, as well as specialised vessels for offshore wind as well as oil and gas operations.
Tan Leong Peng, president, marine, ST Engineering, says, “Building a W2W vessel demands specialised expertise in marine engineering, advanced systems integration and dynamic positioning- areas where we excel. Being selected after a rigorous evaluation process is a testament to our expertise, dedication to quality and compliance with global standards.”
As at 12.56 pm, shares in ST Engineering are trading 4 cents lower or 0.86% down at $4.60.