Strategic Marine has announced the delivery of its twelfth vessel to Malaysia from its Singapore shipyard.
The 40 metre crew boat, ASB Mutiara Five, was ordered by Malaysia-based infrastructure firm ASB Maritime resources.
The boat is now operating in the Labuan oil fields in East Malaysia.
"This project is an endorsement of Strategic Marine's commitment to design and delivery excellence and marks the start of a long partnership with ASB Maritime Resources," Strategic Marine Singapore managing director Ron Anderson said.
"It is another step towards our goal of gaining market leadership in the crew boat market throughout Asia, the Middle East, Africa and the Americas.
"In order to meet this growth, our Singapore shipyard is undergoing a major expansion.
"Planning and approvals are almost complete for dredging the waterfront for a 3.5m draft at zero tide, the installation of finger piers for a 500 tonne mobile boat hoist and a new workshop extension which are expected to be completed before the end of 2011."
Strategic Marine is currently contracted for more than 250 vessels at its yards in Australia, Singapore, Vietnam and Mexico.
