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Singmarine Industries Wins $7.4 Million Newbuilding Contracts Singmarine Industries Limited (Singmarine) recently won three newbuilding contracts worth about $7.5 million, through its subsidiar- ies Singmarine Dockyard and Alu- minum Craft (88). These contracts include a 27.5- meter (about 90 feet) aluminum crewboat and two 15-meter (about 49 feet) patrol boats won by Alumi- num Craft as well as a 3,500-dwt ore carrier won by Singmarine Dock- yard from repeat customers. The crewboat, worth about $1.1 million, was awarded by Syarikat Borcos Shipping Sdn Bhd (Borcos Shipping) in early July. It is the fourth such order awarded by Borcos Shipping since 1989. The first three vessels were delivered on schedule. Like the previous vessels, the crewboat will have an air-condi- tioned passenger saloon and is ca- pable of accommodating 53 passen- gers and six crew. It will be used to ferry crew and equipment to off- shore platforms and construction barges. Aluminum Craft has also won a $1.1 million contract to build two patrol boats earlier this year for the Customs and Excise Department of Singapore. The vessels are expected to be completed by the third quarter of 1991. The third newbuilding contract, worth about $5.2 million, was won by Singmarine Dockyard, the ship- building/repair division of Singmarine. This contract to build an ore carrier was awarded by re- peat customer Freeport Indonesia, Incorporated, which has previously commissioned Singmarine Dockyard to build six oil barges and two tug- boats. For free literature on the facili- ties and capabilities of Singmarine, Circle 16 on Reader Service Card Mast-Raising Ceremony For Twin-Hull Cruise Ship Held At Rauma Yards The mast-raising ceremony for the world's first twin-hull cruise ship was held recently at Rauma ship- yard, Rauma, Finland. Rauma Yards received the order in May 1990 from the Finnish owners Dia- mond Cruise Ltd. On completion, the vessel will have taken about two years to de- sign and build. As this is the first vessel of its kind, construction was preceded by a detailed strength analysis of the hull and extensive sea-keeping, propulsion and wind tests using a small-scale model. Construction has proceeded on schedule. All hull sections have been lifted and welded into place, and the vessel has now taken on its final appearance. Outfitting is in full swing, with public areas such as restaurants at present being fur- nished and decorated. Assembly of the passenger cabins has also started. Altogether, the October, 1991 7 ship will have 177 two-berth suites, most with their own balcony. Each cabin covers 23 square meters and is furnished to the highest hotel stan- dard. The twin-hull cruise ship has a length of 129.5 meters (about 424.8 feet) and a breadth of 32 meters (105 feet) For free literature detailing the facilities and capabilities of Rauma Yards, Circle 44 on Reader Service Card Lifting a 550-metric-ton bow section is no simple task. That's why St. John Shipbuilding, Limited, of Canada chose slings madeof Du PontKEVLAFTaramid fiber and CORDURA® nylon fiber. Enclosing KEVLAR, which is pound for pound five times stronger than steel, in a durable and abrasion-resistant sleeve of CORDURA created an extremely strong lightweight sling that is easy to handle and store. In another tough test for the United States Navy, mooring Japanese Warn Of Oversupply Of VLCCs With the latest influx of orders for Very Large Crude Carriers (VLCCs), Japanese analysts are warning that there may be a short-term oversup- ply in this market. 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