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Keppel O&M wins contract for LNG ready dredger

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LNG Industry,

Keppel Offshore & Marine Ltd (Keppel O&M) has announced that, through its wholly-owned subsidiaries, Keppel FELS Ltd (Keppel FELS) and Keppel Shipyard Ltd (Keppel Shipyard), it has secured contracts from repeat customers worth approximately S$130 million for an LNG-ready newbuild dredger and the modification of a floating production storage and offloading (FPSO) vessel.

Mr Chris Ong, CEO of Keppel O&M, said; “We are pleased to secure these contracts from repeat customers as it reflects the market’s confidence in Keppel O&M’s customised solutions for newbuild vessels and FPSO conversions. This is the third newbuild dredger for Van Oord and the third FPSO project for Yinson. We are able to leverage the experience of working closely with our customers as well as our engineering and construction expertise to further improve productivity on their projects.”

According to the statement, the first contract is between Keppel FELS and Van Oord, and is for the construction of a high-specification trailing suction hopper dredger (TSHD). This reportedly follows from an option granted to Van Oord based on earlier contracts that were entered into in May last year for two similar dredgers.

Keppel O&M claims that the TSHD is expected to be completed in 1Q22, and will have a hopper capacity of 10 500 m3. It will be built to the requirements of classification society Bureau Veritas (BV) and will be LNG ready.

Mr Jaap de Jong, Director, Ship Management Department at Van Oord, said: “The Keppel team has demonstrated strong project management expertise as well as firm commitment for the timely delivery and safe execution of our current projects. We are thus pleased to extend our partnership with this additional dredger. These dredgers are part of our strategic fleet renewal plan, and we look forward to their delivery between 2021 and 2022.”

The TSHD features a climate control system that utilises the vessel’s existing cooling and heating sources to recycle energy, as well as automation systems that send production data to the shore support centre for processing. According to the statement, the vessel will also be certified with the BV Green Passport and Clean Ship notations.

To date, Keppel has delivered three dredgers, including the world's first European Union (EU) Stage V dredger. Including the exercise of this option, Keppel claims that it currently has five dredgers on order, with hopper capacities from 6000 m3 to 10 500 m3.

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