SINGAPORE (May 23): Keppel Corporation revealed on Wednesday that the contracts won by Keppel Singmarine to build two high-specification Trailing Suction Hopper Dredgers (TSHDs) for Van Oord are valued at approximately S$212 million, excluding owner-furnished equipment.

The disclosure was in response to a query from Singapore Exchange on Monday, asking the group to reveal the value of the contracts, as well as the option for a third vessel.

Keppel had announced the contract wins on May 16, but did not disclose...(click on link for full story on theedgesingapore.com)