LABUAN: Sabah Shipyard Sdn Bhd (SASHIP) will deliver on time three 45-tonnes of ship-handling tugs for Bintulu Port Sdn Bhd (BPSB) before the end of January next year.
SASHIP's executive chairman Datuk Mohamad Nor Abdul Wahid said the company is confident of completing the construction of the handling tugs as it had the expertise and competency to fulfil its obligations to BPSB.
“We started constructing the tugs five months ago and since then, physical construction of the vessels has progressed smoothly without any major obstacles. It should be completed within time,” he told reporters after the official keel laying ceremony for the BPSB tugs, here yesterday.
Mohamad Nor said the first and second tugs are expected to be ready by Sept 12 and Nov 12 respectively, while the third is scheduled to be completed on Jan 12, next year.
The tugboats, costing RM49.5 million, are designed with the best quality prime marine steel plate complete with full fire-fighting system.
The overall length of each tugboat is 3.5m with depth moulded of 4.8m. The full load speed is not less than 12.5 knots. It has two main diesel engines with a controllable pitch propulsion system (CPP).
“We have a good track record of building and delivering ships to our clients within the stipulated time and we will participate in future tenders,” Mohamad Nor said when asked about future projects.
Asked on SASHIP's restructuring exercise, he said the Securities Commission (SC) had given the company until June to restructure.
Mohamad Nor said the restructuring exercise not only involved the injection of RM120mil to SASHIP but other factors such as capital reduction. – Bernama