Triyards clinches $31m contract for two oil barges to end 2015

They’re slated for delivery in 2Q18.

The offshore and marine firm beat the buzzer for 2015 as it secured its fourth new customer in December, CPC Corp, a state-owned oil & gas company that supplies energy to the Taiwanese market.

According to OCBC, the oil barges are intended for coastal service and the supply of bunker fuel to Taiwan’s harbour and coastal areas, and are slated for delivery in 2Q18.

The contract came after Triyards has secured a US$26.4m scientific research vessel order, demonstrating Triyards’ efforts to diversify its product and customer mix.

OCBC says the recent orders have brought Triyards’ new order wins to US$620m in 2015, a significant jump from US$170m in 2014 and US$120m in 2013.