Promet Gets Repeat Orders From Two U.S. Companies

Promet Private Limited, a marine construction company based in Singapore, has won repeat orders for the construction of two supply vessels from National Marine Service, and the construction of two three-legged, self-propelled jackup barges from Sun Contractors, Inc.

Earlier this year, Promet was awarded a repeat order to build five supply vessels for National Marine after the completion and delivery of five supply vessels and two triple-screw tugs designed for operations in the Middle East.

The supply vessels are 176 feet long, with a beam of 38 feet and depth of 14 feet. Delivery dates for the latest supply vessel order are September and November 1981.

Sun Contractors has ordered two three-legged, self-propelled jackup barges measuring 110 by 50 by 10 feet, scheduled for delivery in March and May 1981.

In May of 1980 Sun Contractors awarded Promet a contract to build a four-legged jackup barge.

The Singapore yard recently delivered a three-legged well service barge to Sun, the first contract signed with that company.

In line with the Singapore government's policy to modernize and upgrade technology in the yard, Promet will invest S$20 million in new equipment to increase productivity at the yard.

It is also negotiating with Jurong Town Corporation, Singapore, to extend the present 27-hectare yard by another 7 hectares (from 66.7 to 84 acres).

Promet recently placed an order with Manitowoc Engineering in Wisconsin for an S$8-million, platform/revolving crane with lifting capacity of 600 tons, capable of handling large onshore and offshore p r o j e c t s ranging from power stations and chemical plants to oil drilling rigs, ports, and harbors. Installation of this crane is scheduled for the end of October this year.

Promet has also placed orders for a 3,000-ton press and a rackcutting machine, both to be delivered before the end of 1980.

Maritime Reporter Magazine, page 28, Sep 1980

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