Strategic Marine Delivers Crew Boat to Malaysia

Strategic Marine continues to be a dominant player in the crew boat market, delivering another 40 meter vessel into Malaysia from its Singapore shipyards to support the growing offshore oil and gas industry.

The 'ASB Mutiara 5' was handed over to Malaysia-based global infrastructure company ASB Maritime Resources (L) Ltd, a joint venture between Asian Supply Base Sdn Bhd and Tiong Woon Corporation Holding Ltd.

The crew boat is now operating in the Labuan oil fields in East Malaysia as part of the joint venture partners' marine transport operations and is the first vessel of its type to be registered in the state of Sabah.

Managing Director, Singapore Ron F. Anderson said the 'ASB Mutiara 5' was the twelfth crew boat to be built at Strategic Marine's Singapore Shipyard for delivery to the Malaysian market.

"This project is an endorsement of Strategic Marine's commitment to design and delivery excellence and marks the start of a long partnership with ASB Maritime Resources," Mr. Anderson said.

"It is another step towards our goal of gaining market leadership in the crew boat market throughout Asia, the Middle East, Africa and the Americas.

"In order to meet this growth, our Singapore shipyard is undergoing a major expansion. Planning and approvals are almost complete for dredging the waterfront for a 3.5m draft at zero tide, the installation of finger piers for a 500 tonne mobile boat hoist and a new workshop extension which are expected to be completed before the end of 2011."

Dato' Harris Bin Hj. Annuar Tan, Chief Executive Officer of Asian Supply Base Sdn Bhd said during the official launching of 'ASB Mutiara 5' that Strategic Marine’s vast experience in building aluminium hull fast crew boats put this new vessel in a class of its own.

"The company is very excited with the new crew boat as it marks another milestone in our diversification plan to become a fully integrated supply base," Dato Harris said.

"The 'ASB Mutiara 5' is a vessel of the highest quality and fits very well with the company's goals, objectives and strategies to stay ahead in the global marine and offshore arena by providing the best level of service to meet our customers' needs," he said.

"It was delivered within the scheduled timeline to exacting standards and Strategic Marine kept us up-to-speed with the construction process at all times.

"We are looking forward to continue working with Strategic Marine to take advantage of the vast opportunities in the Malaysian oil and gas industry and I’m sure this will be the first of many vessels to service the Kota Kinabalu oil fields."

The 'ASB Mutiara 5' can transfer up to 58 oil rig personnel at a comfortable cruising speed of 25 knots, powered by two Cummins KTA38 M2 engines and one Cummins KTA50 M2 engine. The vessel can carry 55,000 litres of fuel and 25,000 litres of fresh water that can be transferred to rigs or other vessels.

Strategic Marine is currently contracted for more than 250 vessels at its yards in Australia, Singapore, Vietnam and Mexico.