Jurong Shipyard Ltd. Awarded Multimillion Conversion Contract

Jurong Shipyard Limited, 5, Pulau Samlun, Jurong Town, Singapore 22, was awarded a $30- million (Singapore dollars) contract by Messrs. Hansa Offshore (S.E.A.) Pte. Ltd., a Singapore registered company of international repute, to convert four of the existing 18,880-ton Mitsui- Concord type cargo vessels to 20,150-ton lift-on/lift-off cellular container carriers.

The contract was signed on July 26, 1978, in Singapore, between T. Yano, joint managing director of Jurong Shipyard Limited, and Sir Anthony Hayward, director of Messrs. Hansa Offshore (S.E.A.) Pte. Ltd.

The joint managing director of the yard, Low Guan Onn, disclosed that this is one of the largest single repair contracts which Jurong Shipyard Limited has secured since its founding. The value of the contract, $30 million, will provide work for its labor force of 2,500 workers for a period of four to five months.

Maritime Reporter Magazine, page 4,  Sep 1978

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Maritime Reporter

First published in 1881 Maritime Reporter is the world's largest audited circulation publication serving the global maritime industry.