“per share of st engineering for the current financial year....submarine rescue vehicle (srv) and...

The Log on ST MarineJune2008 • issue01

MiCA (P) 321/04/2008

Contents :: 02 Message from President 03 Marine News 05 Design Office 05 Project News 08 Focus - STSE 09 US Operations 10 HR News 11 Defence News

The naming Ceremony of The

City of hamburg

STSeDonates To

help The Sichuan

earthquake Victims

ST MarineSecures S$28m

Contract

Singapore, 20 February 2008 – Singapore Technologies engineering Ltd (ST engineering) today announced that its marine arm, Singapore Technologies Marine Ltd (ST Marine), has secured a S$28m contract from norway-based Waveship AS, a subsidiary of Wavefield-Inseis ASA (Wavefield), for the complete outfitting works on its seismic research vessel, Geowave Voyager. Work commences at ST Marine’s Tuas yard immediately and delivery is expected in second half of 2008.

This contract is not expected to have any material impact on the consolidated net tangible assets per share and earnings per share of ST Engineering for the current financial year.

The extensive work involves installation of all machinery, piping system, electrical system, accommodation, including the modification and upgrading of the seismic equipment system from six streamers to 12 streamers. Other major work includes the modification and extension of the vessel heli-deck structure.

Measuring 93 metres long and 22 metres wide, Geowave Voyager will join Wavefield’s fleet of large-capacity 3D vessels as one equipped with the latest seismic technology capable of towing up to 12 streamers.

“We chose ST Marine based on their track record in marine seismic vessel conversions of this magnitude. We look forward to a successful working relationship with ST Marine, and an end product that surpasses our expectations.”

Atle JacobsenCEO, Wavefield- Inseis ASA

St engineering’s Marine arm Secures S$28m ContractFOR TOTAL OuTFITTInG WORKS On nORWeGIAn SeISMIC ReSeARCH VeSSeL

This inaugural issue of Onward, is a resurrection of an in-house newsletter which will drive ST Marine’s communication with our customers and staff on what the company has been doing as we embark to cultivate and reinforce a culture of being customer-centric and people-oriented. The management understands that our people and customers form the stronghold of ST Marine; without our people, no ships will be built and without customers, there’s no ship to be built.

Since my appointment as ST Marine’s new President, I have been looking at how we can grow our core shipbuilding, ship conversion and shiprepair businesses to strengthen our position both in Asia and the United States through further synergistic investments and acquisitions. I am positive that I will be able to pursue new engines of growth to achieve sustainable and profitable growth for the Marine sector, assisted by such a capable and knowledgeable team.

The naming of City of Hamburg on 11 June was a wonderful experience as I get to see first-hand how our people has lived up to ST Marine’s core values of Service, Teamwork, Excellence and People.

I am glad to share that in the first half of this year, the Marine sector has sealed contracts worth a total of about S$154 million. Let’s push on and achieve more!

Chang Cheow TeckPresident

Singapore, 30 May 2008 – Singapore Technologies engineering Ltd (ST engineering) today announced that its marine arm, Singapore Technologies Marine Ltd (ST Marine), has secured a S$29.16m contract to lengthen the vessel and upgrade the crane capacity of the Derrick Pipelay Barge for Clough Java Offshore Pte Ltd (Clough Java), a wholly-owned subsidiary of Clough Limited (Clough), an Australian publicly-listed company. Preparatory work commences immediately with redelivery of the vessel, Java Constructor, expected in first half of 2009.


“This contract is a testament to the strong relationship we have built up with our customers over the years. We are very pleased that Clough Java has entrusted us with this contract to extend and enhance Java Constructor.”

CHAnG Cheow TeckPresident, ST Marine

St engineering’s Marine arm Secures S$29m Contract TO LenGTHen AuSTRALIAn DeRRICK PIPeLAY BARGe

The major works involve construction and pre-outfitting of a 15m mid-section module which incorporates a new engine room and the power management system, vessel lengthening and upgrading of the heavy lift crane. Other major works involve upgrading the pipelay system, the mooring system and hull strengthening works.

Measuring 114.0 metres long and 31.9 metres wide, Java Constructor will be extended by 15m after the upgrade works and will rejoin Clough’s fleet of Marine Construction Vessels. The upgrade works on the vessel will further enhance Clough’s leading position as an Offshore Oil and Gas Field Development Contractor in the Australasia region.

In ST Marine’s effort for a greener earth, our newsletter is printed on recycle paper.

“Since my appointment as ST Marine’s new President, i have been looking at how we can grow our core shipbuilding, ship conversion and shiprepair businesses to strengthen our position both in asia and the United States through further synergistic investments and acquisitions. i am positive that i will be able to pursue new engines of growth to achieve sustainable and profitable growth for the Marine sector, assisted by such a capable and knowledgeable team.”

MeSSAGe FROM PReSIDenT2 MARIne neWS 3

The Submarine Support and rescue Vessel (SSrV)The submarine support and Rescue Vessel (ssRV) is specially designed to meet the Republic of singapore Navy (RsN) requirements for submarine support and rescue operations. The ssRV is made up of two key systems: the ship and the rescue payload. The ship is designed and built by sT Marine based on a proven design, with extensive customization to meet the RsN’s operational needs. The rescue payload is designed and built by our partner, James Fisher Defence, based on their experience building and operating other submarine rescue systems. Together, we have been working closely with each other to produce a highly integrated submarine rescue system for the RsN to serve our brave submariners.

Singapore, 7 May 2008 – Singapore Technologies engineering Ltd (ST engineering) today announced that its marine arm, Singapore Technologies Marine Ltd (ST Marine), has secured a uS$19.38m (about S$26.06m) contract to build an Anchor Handling Tug Supply (AHTS) vessel for Lewek Shipping Pte Ltd (Lewek), a wholly-owned subsidiary of ezra Holdings Limited (ezra) which is listed on Singapore exchange Limited (SGX). Construction is scheduled to begin late this year at ST Marine’s yard in Singapore and delivery is planned for second half of 2009.


The twin-screw AHTS vessel is designed for multi-purpose roles and operations in unrestricted waters, with capabilities ranging from transporting fresh water, tow or move drilling rigs, anchor handling, rescue services to external fire fighting. Its excellent manoeuvrability and dynamic positioning capability is achieved using twin controllable pitch propellers, twin rudders and transverse bow and stern thrusters linked to a DP-enabled joystick control. This vessel will enhance Ezra’s ability to serve its clients in the deepwater sector.

With approximately 150 tonnes of static bollard pull, measuring 73.7 metres long and 16.0 metres wide, the new AHTS vessel will join Ezra’s deepwater fleet.

St engineering’s Marine arm Secures Us$19.38m ContractTO BuILD AnCHOR HAnDLInG TuG SuPPLY VeSSeL

“With a proven track record and good reputation in the industry, we are confident of sT Marine’s capability to build a quality vessel for 2009’s delivery and we look forward to a successful working relationship together.”

Lionel Lee Chye TekManaging Director, Ezra Holdings Limited

The vessel has the following primary characteristics:• Goodspeedandseakeepingperformance• HIghlymonoeuvrable• DynamicPositioningCapability(DPS-2)• A-frameforlaunchandrecoveringofthe

submarine Rescue Vehicle (sRV)

Design Office Team (from left to right): Tan Zhen Ling - Asst. Engr., DO (Mech); Ng Chun Wee - Asst. Principal Engr., DO (Mech); Kevin Lim - Snr. Asst. Engr., DO (Elect); Khoo Yee Teck - Asst. Engr., DO (Hull); Lew Jian-Cheng - Snr. Naval Arch., DO (Hull), Lum Zi Wei - Asst. Engr., DO (W&E/Auto); Eric Chiu - Engineer, DO (W&E); Ong Lee Ho - Snr. Engr., DO (Auto); Ng Ling Siew - Snr. Engr., DO (Elect)Not in picture: Loh Chee Qiang - Engineer, DO (Auto); Ken Low - Engineer, DO (W&E); Sim Chee Chong - Snr. Engr., Proj Office

Principle DimensionsLength Overall 83.7 m approx.Breadth Moulded 18.3 m approx.Depth Moulded 7.5 m approx.Design Draught 4.3 m approx.speed 13.0 knots

Singapore, 5 June 2008 – Singapore Technologies engineering Ltd (ST engineering) today announced that its marine arm, Singapore Technologies Marine Ltd (ST Marine), has signed a joint venture (JV) agreement with James Fisher Defence Limited (JFD), a wholly-owned subsidiary of James Fisher and Sons Plc, to form First Response Marine Pte. Ltd. (FRM). upon its incorporation, FRM will become an associated company of ST Marine.

This JV agreement is not expected to have any material impact on the consolidated net tangible assets per share and earnings per share of ST Engineering for the current financial year.

St engineering’s Marine arm Signs Jv agreementFOR SuBMARIne ReSCue COnTRACT AWARDeD BY SInGAPORe nAVY

FRM will be a 50:50 joint venture company set up for the sole purpose of undertaking the approximately $400m contract awarded to ST Marine by the Republic of Singapore Navy (RSN) for the provision of a ship and submarine rescue system and maintenance services, announced in March last year.

The ship and submarine rescue system comprises a Submarine Support and Rescue Vessel (SSRV) which can transport a Submarine Rescue Vehicle (SRV) and its handling systems out to sea. The SSRV can lower the SRV into the water to reach a submarine in distress. The 20-year services contract is expected to commence in 1H 2009, when the SSRV and SRV have been completed and integrated into a submarine rescue system.

“We are very pleased to be working with sT Marine on this unique project and to have reached this milestone. Our teams have worked closely together for the past three years and we are looking forward to a long and successful relationship.”

Simon HARRISManaging Director, James Fisher Defence Limited

“We are delighted to have JFD as our partner in this first Public Private Partnership (PPP) project from the RsN. This isastrategic20-yearpartnershipandwearecommittedto nurturing this relationship to better serve RsN.”


“This contract marks the start of a new relationship with ezra and we are very pleased that it has entrusted ST Marine to enhance its fleet. We look forward to growing this relationship into a fruitful and long term partnership.”


MARIne neWS4 DeSIGn OFFICe 5

On 11 June 2008 ST Marine named the first of two Roll-on Roll-off (RoRo) vessels which it is building at a naming ceremony held at its main yard in Benoi. named City of Hamburg, it was successfully launched in February this year. Specially designed with a cargo deck space of about 9,300 square metres and lanes totalling approximately 3,100m, City of Hamburg is chartered to Airbus for the transportation of large aircraft components including sections of the new A380 aircraft.

The S$120m contract for the two RoRo was announced in 2006 by the joint venture companies of two shipping groups, Louis Dreyfus Armateurs S.A.S. (LDA) in France and Leif Hoegh & Co. AS (LH) in Norway. Measuring approximately 127m long and 21m wide and weighing in at 3,500 dwt, each of the RoRo vessels is equipped with highly automated ship control systems with a service speed of about 15 to 17 knots. One of its unique features is the design of a stern ramp for the loading and unloading cargo hold of an unobstructed volume of 80m length by 11m height by 9m width. City of Hamburg

CITY OF HAMBuRG

Length (over all) 126.50 m

Breadth (moulded) 20.60 m

Draft (design) 4.55 m

Service speed 15 knots

Main engines 2 x 4,000 KW

Lanes (trucks) 500 m

Lanes (cars) 3,120 m

Deck areas (incl. fixed ramps) 9,360 m²

will join Ville de Bordeaux, the first RoRo chartered to Airbus and delivered to the same owners in 2004, as the second vessel in the world of this size to have a cargo space capable of accommodating the A380’s oversized fuselage rolled in from the stern.

City of Hamburg will be delivered in the third quarter of 2008. Fitted with a crew of 17 (including 6 French officers), the vessel will be registered under the French RIF (International French Registry) flag. It is equipped with powerful stabilizers and dehumidifiers to ensure a safe sea transportation to the aircraft elements.

Speaking at the ceremony, Thierry Larroque, Airbus Vice President Supply Chain Logistics and Transport, said that it was fitting that ST Marine had been chosen to build the City of Hamburg and its future sister ship.

St Marine names First Specially Designed roro Built in Singapore -

“CiTy oF haMBUrg”

“City of hamburg marks a major stride in the partnership between LDa and Lh with ST Marine. We are indeed proud to be linked to both companies which are strong forces in the shipping community. We would like to thank them for entrusting us with their second and third roro vessels and look forward to strengthening our relationship for many more years to come.”


“as the home country of the first airline to fly the a380, we are pleased that industry in Singapore has also played a part in this global project,” he said. “ST Marine was selected for the quality of its production and skills, and we look forward to the new vessels playing an invaluable role in the a380 production chain.”

City of Hamburg was christened by Mrs Valérie Pécresse, Minister for Higher Education and Research of France. The event was well attended by many dignitaries, including HE Mr Pierre Buhler, Ambassador of France to Singapore, HE Ms Janne Julsrud, Ambassador of Norway to Singapore and Mrs Yu-Foo Yee Shoon, Minister of State, Ministry of Community Development, Youth and Sports.

PROJeCT neWS6 PROJeCT neWS 7

“With this contract to build two dynamically positioned Platform Supply Vessels for L&M Botruc rental, an esteemed supply boat company, it further exemplifies VT halter Marine’s capability to produce a diverse range of vessels. The current market requirements for PSVs with precise maneuvering abilities fit well with VT halter Marine’s strategy to build a wide-range of highquality multi-market vessels.”

See Leong TeckPresident, ST Marine

STSeOn 2 June 2008, ST Marine’s subsidiary, STSE Engineering Services Pte Ltd signed a term sheet with Samwoh Logistics Pte Ltd with the intention to form a JV to recycle incinerator bottom ash into usable road construction aggregate materials. This venture was a spin off from a local tender by STSE and marks ST Marine’s foray into the business of Environmental Services & Technology sector.

On 4 June 2008, in Shanghai, China, ST Engineering’s Deputy CEO (Aerospace and Marine) and President of Defence Business, Mr Wee Siew Kim signed an MOU to develop and invest in the Laogang Eco Recovery Park with Shanghai Environment Group Company Limited, the subsidiary of Shanghai Chengtou Corporation (SGC). SGC is a Shanghai government-linked company. ST Engineering together with STSE took the opportunity to make a donation of S$20,000 to China’s Red Cross in aid of the many families who are in dire needs of basic food and supplies from the aftermath in the recent Sichuan earthquake.

On 13 June 2008, in Shanghai, STSE’s wholly owned subsidiary, ST Environmental Services & Technologies (Shanghai) Limited, was officially incorporated. It will reside and share the address with that of ST Electronics (Shanghai) Co., Ltd in the Pudong New Area.

Singapore, 12 February 2008 – Singapore Technologies engineering Ltd (ST engineering) today announced that its uS shipyard, VT Halter Marine Inc (VT Halter Marine), has secured a new contract for the design and construction of two Platform Supply Vessels (PSV) for L&M Botruc Rental Inc. The contract is valued at between uS$45-$55m (about S$63.9-$78m). Physical construction is scheduled to begin in the second quarter of 2008 with deliveries of the two vessels scheduled in 2010. VT Halter Marine is the uS operations of ST engineering’s marine arm, Singapore Technologies Marine Ltd (ST Marine).


Measuring 230’ x 56’ x 18’, the completed PSVs will be used to carry supplies, deck cargo and drilling fluids used in the support of exploration and offshore production of energy sources. PSVs are highly automated and designed with sophisticated control and monitoring systems. Each vessel will be equipped with a DP2 (Dynamic Position with redundancy) that will provide precise maneuvering capability through the use of a special combination of thrusters that are equipped with controllable pitch propellers.

L&M Botruc Rental Inc operates one of the largest fleets of offshore marine transportation vessels in the Gulf. It is one of the largest privately held supply boat companies and the sixth largest boat company on the Gulf Coast.

St engineering’s Us Shipyard Vt halter Marine Wins ContractTO BuILD TWO PLATFORM SuPPLY VeSSeLS

“When we chose VT halter Marine to build our next two additions to our fleet we knew we were choosing a shipyard that we were going to have a good working relationship with and at the same time was going to put out a good quality product. VT halter Marine has been building workboats for a very long time and we currently have many “halter” hulls in our fleet that we have been operating for years. Because of this we knew what we were getting with VT halter Marine and our confidence in them has always been very strong.”

Tony CheramiePresident, L&M Botruc Rental

FOCuS8 uS OPeRATIOnS 9

ST Marine is proud to be a part of the sailing community with the sponsorship of the SAFYC (Changi) Regatta from 2008 for five years. Spanning two weekends on 5&6 April (Optimist Class) and 12&13 April (Byte & Laser Classes), the 5th SAFYC (Changi) Regatta attracted a total of 15 Laser Redials, 26 Lasers and 88 Bytes. Children aged before 12 usually start sailing in an Optimist and proceed onto a Byte or Laser.

With this sponsorship, ST Marine staff can now enjoy the many SAFYC facilities at its clubhouses in Changi and Sembawang at membership rates. Members can get to spend the day dipping in the rustic outdoor spa pools, sipping

A new ASMI-Naval Architecture Scholarship has been introduced for students enrolled in the Bachelor of Engineering in Naval Architecture with Honours course, offered by the University of Newcastle in partnership with Ngee Ann and Singapore Polytechnics. This is a new full time degree course, spanning 2 years and the scholarship is valued at S$35,000 per annum with a 3-year bond to the sponsoring company. ST Marine is proud to be one of the scholarship sponsors to cover tuition fees for the course, travel accommodation and living expenses, purchase of notebook computer and other allowance for the 2-month summer immersion programme in the UK. Apart from this scholarship, ST Marine also sponsors a few other scholarships under the following schemes:

a. ASMI undergraduate Scholarship (for nTu Final Year Mech engg students)

b. ASMI Scholarships (Tuition Grants Sponsorships to students in ngee Ann and Singapore Polytechnics)

c. ASMI Marine Offshore Technology (Scholarships for First Year MOT students in ngee Ann Polytechnic)

d. ASMI Marine engineering (Scholarships for First Year Me students in Singapore Polytechnic)

e. ASMI ITe Scholarship (Scholarships for Marine Offshore ITe students)

On 1st April 2008, the WSH Advisory Committee was stepped up into an executive council. Chaired by Mr Lee Tzu Yang, the WSH Council comprises 16 leaders from major industry sectors, governments, unions, and professionals from legal, insurance and academic fields. ST Marine likes to congratulate our Mr Lim nian Hua, Vice President of Benoi Yard who has been nominated to continue to serve the newly formed WSH (Marine Industries) Committee for a two year term. He had previously contributed to the achievements of WSH Shipbuilding and Ship Repair Advisory Sub-Committee.

new aSMi-naval architecture Scholarship

Workplace Safety and health Council

coffee and drinking beer at the cabana or the boardwalk or have scrumptious meals at any of the restaurants. You could either go swimming in their “Eternity Pool” at the Changi clubhouse, get rough and tough with the wind and waves while doing sailing or wakeboarding or simply relaxing in their resort rooms with a sea view. Being a member entitles you to unbeatable rates when you charter jet skis, powerboats, sailing dinghies and catamarans too. Just remember to bring along the Corporate Membership cards available from Steven Ng (HR) at Benoi before you go. For more information, please visit www.safyc.org.sg.

HR neWS10 HR neWS 11

Hi Thian Ser, may I convey my sincere heartfelt thanks to your team of STM personnel deployed to turnover the defect of F2 AHU 101 inner blower defect in Toulon France. I am impressed with their aligned thoughts in getting the work started despite the jet-lag experienced by all. With the exception of spare delays, we actually get the job done within a span of two days,, this work includes the numerous access work, re-drilling of foundation holes and that of the blower to align the ducting, the patch up of damaged ducting and trunking caused by broken fan blades.

The Command of the ship is very appreciative of the fast progress, barring the spare delay by custom, made by all in an effort to get the ship’s defect up and running. It is with this type of working spirit that I am very confident of that you all with raise to the occasion and continue to soar to greater height come what defects it may posed to us. Please accept my genuine congratulatory thanks.

Btw, the three wonderful personnel are:Mr Woo Yin ChowMr RosleeMr Ronnie Tan

From 1WO Wee Pui SengMe SS1, PCB, CMB

notes of appreciation from naval Customers:

To Ah Hup and his team of painters and stagers for going the extra mile to support their MGB decom ceremony. - CO RSS Sea Wolf

To Loh Jee Kwang for his sound technical advice on the repair method and quality job that was completed on time to enable the vessel to go to sea. - Chief Engineer of the French Navy Research Ship Dupuy de Lome

Both Ah Hup and Loh Jee Kwang have demonstrated good leadership and commitment in their work.

NALCOM senior management has been apprised of the excellent recovery effort performed by your staff.

STM has proven in this instance, its capability and commitment to support our navy wherever we may be deployed.

We deeply appreciate the excellent support shown, and look forward to your continued strong and committed support to the navy.

Cheers,LTC Teh Chong AnnHead PCB, CMB

Hi Thain Ser,

The team has lived up to expectation & delivered what DCNS was not willing to do, ie getting the job done within 3 days. I was amazed that after picking up the team from the airport, checking into hotel, went onboard for a short discussion & they immediately commenced in doing the access work till 2000hr. It was amazing that though jet-lag, they are able to work till 8pm & went onboard the next day at 0800hr to continue.

I take off my hat for Mr Wu for being so energetic, passion with his job & going the extra-mile of carrying out the cleaning of the AHU compartment & patching up the damaged ducting’s canvas. At his age, he is still so energetic & full of drive in carrying out his job. I have shared this good performance by the team during the LSM on 23 Apr 08 & again with NC during the tri-mess function.

Kudo to all 3 of them.

From MWO Lim Kheng PeowSO RAM, PCB, CMB

Some feedback on CnMB’s support for the firgates in CnB. We will strenghten the holding in CnMB for frigate works:

Some recent customer feedback from the frigates which included a note of appreciation from RSS Formidable for the good GF and painting support.

Customer feedback on the recent two IMP is favorable. Their key concern is shortage of electrical worrkers due to concurrent peak work load coupled with the short fall in the manning level which we are in

DeFenCe neWS 12

“per share of st engineering for the current financial year....submarine rescue vehicle (srv) and...

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