Halter parent wins contract

Singapore Technologies Engineering Ltd., parent company of VT Halter Marine, said its marine unit has won $143 million worth of shipbuilding and repair contracts. The contracts include two offshore support vessels valued at $89 million for Hornbeck Offshore Services Inc., to be built by VT Halter Marine. In November, VT Halter Marine won a $353 million contract for eight OSVs for Hornbeck, with an option to supply 24 more ships. The OSVs will be constructed in VT Halter Marine's shipyards in Moss Point, Miss. (Source: Mobile Press-Register, 09/06/12)