- Secured engine supply boosts timely deliveries and time-to-market visibility for clients
- Strategic Marine leverages on long-established relationship with Trakindo to improve and enhance end buyer experience
- Sharp rise in new orders seen putting strain on global supply chain for critical components such as engines
SINGAPORE, 20 March 2023 – In a clear indication of confidence in its boats, Strategic Marine has placed an order with Cat® dealer Trakindo, for 100 of its Cat C32 engines.
This follows its previous pre-order of 50 similar engines in May 2022 and is aimed at providing security to clients and avoiding long waiting times for key components.
While the engine supply chain disruptions of the past few years have been alleviated somewhat as global manufacturing catches up post-Covid, this has been matched by a sharp rise in shipbuilding activity as well.
This has put continued pressure on the supply of critical component which powers the majority of the leading aluminium boat builder’s wide range of vessels.
The order for the engines, one of the most significant recent commitments in the Asian market, will boost clients’ confidence in the Singapore-based boatbuilder’s ability to deliver products on-budget and on-schedule, as costs have been locked in to hedge against rising prices and current extended delivery times.
With the assured supply of engines, the latest deal will allow Strategic Marine to ensure visibility and an efficient production timeline for its clients amid a steady and rapidly increasing stream of new orders.
These include multiple recent orders for Fast Crew Boats and Crew Transfer Vessels from clients in Europe and Asia within just the last six months.
The Cat C32 is a workhorse of the workboat fleet and in demand from many users for marine applications with its high power-to-weight ratio.
The engine is also renowned for its efficiency, being one of the most power-dense high-speed diesel engines from Caterpillar Marine. The Cat C32 can produce between 600hp to 1800hp at 2,300 RPM, depending on how it is set up, with peak torque kicking in at 1,500 RPM.
The 100 Cat engines are IMO III-ready with the addition of a selective catalytic reduction system.
“We always seek to exceed the needs of our customers first and endeavour to anticipate any potential issues that may cause delays or affect timely delivery of our vessels to our valued clients,” says Strategic Marine Chief Executive Officer, Chan Eng Yew.
He adds, “We appreciate the trust placed in us to produce the vessels that are now in high demand and leverage on our well-established relationships with close partners such as Trakindo to fulfill these requirements.”
General Manager at Trakindo Widjanarko Hidajat says: “Strategic Marine and Cat engines have been solidly working together to power all types of vessels over the years. We are pleased to build on this relationship by committing 100 engines to our strategic partner and are excited to support them as they continue to grow their business along with the uptick in the market.”
Strategic Marine can also provide service and maintenance, fabrication and engineering, marine logistics services and financial services and solutions for its products – providing a complete turnkey, asset lifecycle solution for its clients.
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About Strategic Marine:
Strategic Marine Group is a full-capacity global shipbuilder with a focus on specialty aluminium craft construction and fabrication. It has a shipyard in Singapore, and presence in Australia and Europe. It operates principally in five key market segments, producing high quality vessels for Oil & Gas, Renewable Energy, Ferries & Transportation, Defence and Paramilitary and Port / Pilot Services. Strategic Marine Group has built and delivered more than 600 vessels made of both aluminium and steel for a variety of clients in the maritime, offshore and defence sectors.
Visit the website here: www.strategicmarine.com
For more information on this press release, please contact:
Corporate Communications Advisors to Strategic Marine
Lissa Johari – email@example.com + 65 9876 5764
Katy Ng – firstname.lastname@example.org +65 6222 6375