Article: SINGAPORE'S ASL MARINE SECURES US$109 MLN IN NEW ORDERS.

SINGAPORE, March 27 Asia Pulse - Singapore's ASL Marine Holdings Ltd (SGX:A04) announced on Tuesday, that is has expanded its orderbook with a series of new shipbuilding deals in the offshore oil and gas sector, worth a combined S$164 million (US$108.06 million).

Scheduled for completion in 2009, the contracts involve the construction of six rotor tug vessels for a range of European repeat customers, and a heavy lifter for a first-time buyer from India.

"We have been receiving constant enquiries from potential clients in Europe, Middle East and Asia." said ASL Marine managing director, Ang Kok Tian.

"The new contract of the Heavy Lifter cum ...

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