Singapore-listed ST Engineering wins US$350m shipbuilding contract in the US

Singapore Technologies Engineering's shipyard in the United States has won a shipbuilding contract from Crowley Maritime Corporation worth around US$350 million.

The contract is for two container roll-on/roll-off vessels.

The vessels will be built at the Pascagoula facility in the US, with construction taking place in the first half of 2014 with deliveries in mid and late 2017.