Keppel O&M seals deals worth $147m
A FSRU conversion project and dredger newbuilding will be completed at the group’s facilities in Singapore and Texas. The hopper dredger contract is its first with US company Manson Construction and will be the largest US hopper dredger
The contracts, although with relatively small values, are the first in several months as coronavirus outbreak-related economic and operational issues continue to hit shipyards. The group has also reiterated that both projects are on progressive payment terms amid financial concerns in the industry