Comments Off on ST Marine Incorporates Engineering Design Consultancy Division in China
Singapore Technologies Engineering Ltd (ST Engineering) today reported that its marine arm, ST Marine, has consolidated an entirely possessed auxiliary, ST Marine (Wuhan) Engineering Design Consultancy Co. Ltd. (ST Marine Wuhan EDC), in China.
Deliberately situated in Wuhan, ST Marine Wuhan EDC will reinforce ST Marine’s building group in Singapore and influence the last’s entrenched maritime plan capacity and designing aptitude. The organization will offer building outline and consultancy administrations to both nearby Chinese and also worldwide organizations working in China.
“This new building outline consultancy is set up as an augmentation of our in-house designing plan ability and we are hopeful about the potential China brings to the table as a marine power nation and the world’s biggest shipbuilding nation.” ~ NG Sing Chan, President, ST Marine
ST Marine’s in-house Engineering Design Center has an effective reputation in the outline of many demonstrated stages including seaward bolster vessels, for example, Diving Support Vessel, Seismic Survey Vessel and Anchor Handling Tug Supply vessels for both safeguard and business clients.
The set up of ST Marine Wuhan EDC is not anticipated that would have any material effect on the solidified net substantial resources per share and profit per share of ST Engineering for the current monetary year.