Company Overview of ASL Shipyard Pte Ltd.
ASL Shipyard Pte Ltd. provides ship-building, ship-repair, and general engineering services to the marine sector. ASL Shipyard Pte Ltd. was incorporated in 1992 and is headquartered in Singapore. ASL Shipyard Pte Ltd. operates as a subsidiary of ASL Marine Holdings Ltd.
19 Pandan Road
Founded in 1992
65 6264 3833
65 6268 0274
Key Executives for ASL Shipyard Pte Ltd.
Compensation as of Fiscal Year 2015.
ASL Shipyard Pte Ltd. Key Developments
ASL Shipyard Pte Ltd. Secures Shipbuilding Contracts Worth SGD 140 Million
Aug 27 15
The Board of Directors of ASL Marine Holdings Ltd. announced that its wholly-owned subsidiary, ASL Shipyard Pte Ltd. has secured new shipbuilding contracts worth approximately SGD 140 million for the construction of a series of tugs and barges. All of these vessels are specially designed and built for overseas customers who are engaged in the mining and marine infrastructure industries. These projects will be executed at the group's shipyards in Singapore and Indonesia. Revenue from these new shipbuilding contracts will be recognised over the respective contract period in accordance with the group's revenue recognition policy basing on the percentage-of-completion method.
ASL Shipyard Pte Ltd. Secures SGD 91 Million Shipbuilding Contracts
Jun 13 14
ASL Shipyard Pte Ltd. has secured new shipbuilding contracts worth approximately SGD 91 million for the construction of three units of infield support vessels of ART 100-42 class Rotor Tugs design and one unit of seismic support vessel. The vessels are secured from customers in Australia and Norway respectively. The four vessels will be built at the Group's shipyard and are expected to be completed in the first quarter of 2016. Revenue from these new shipbuilding contracts will be recognised over the respective contract period in accordance with the Group's revenue recognition policy based on the percentage of completion method.
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