Strategic Marine Delivers CTV Pair to WEM Marine
Singapore-based Strategic Marine delivered a pair of 27m CTVs to WEM Marine Ltd, a UK-based offshore support vessel provider with a growing fleet servicing the renewable offshore wind energy sector. This is WEM’s first order with the Strategic Marine Group.To date Strategic Marine has delivered 23 CTV’s to offshore wind vessel operators, according to Chan Eng Yew…
TRIYARDS Post 17% Revenue Growth
TRIYARDS Holdings Limited (“TRIYARDS” or the “Group”) reports a revenue of US$91.2 million for the three months ended 30 November 2016 (“1QFY17”), a 17% increase from the corresponding year-ago period (“1QFY16”). The increase was mainly a result of contributions from two units of multi-purpose support vessels (“MPSVs”), three units of chemical tanker…
TRIYARDS' Robust Growth Despite Challenges
TRIYARDS Holdings Limited reported its financial year ended 31 August 2016 (“FY16”) with revenues of US$324.9 million, a 20% increase from the previous financial year (“FY15”). Similarly, revenues increased by 7% year-on-year to US$94.2 million for the three months ended 31 August 2016 (“4QFY16”). The increases in FY16 and 4QFY16 were driven by contributions across all product and geographical segments.
TRIYARDS Bags $ 22 mln CPC Contracts
TRIYARDS Holdings Limited has secured contracts to build two oil barges worth NTD 716 million (equivalent to approximately about US$21.82m) from a new client, CPC Corporation, a Taiwan state-owned oil and gas company responsible for supplying energy to its domestic market. The new contract wins are for the construction of a pair of oil barges…
TRIYARDS Reports Strong 4QFY15
TRIYARDS Holdings Limited (TRIYARDS or the Group) reported a strong finish for the financial year ended 31 August 2015 (FY15) with a 59% year-on-year jump in net attributable profit (PATMI) to US$8.4 million in the fourth quarter, driven mainly by liftboat construction. Work done on liftboats as well as contributions from aluminium shipbuilder Strategic Marine also lifted Group revenue by 81% to US$88.4 million.
TRIYARDS' Liftboat Orderbook Filling up
TRIYARDS Holdings Limited, an offshore vessel fabrication and engineering solutions provider to the oil and gas (O&G) industry, has added another liftboat contract to its orderbook. The order for the new unit comes soon after TRIYARDS' two other liftboat contracts worth US$112 million in July. TRIYARDS Chief Executive Officer, Mr Chan Eng Yew…
