Singapore Technologies Marine has been selected as the preferred tenderer for converting the Royal Australian Navy warship, HMAS Success, to double-hull configuration.
The double hulling of the warship is to meet International Maritime Organisation standards for environmental protection against oil spills.
The Australian Department of Defence allocated A$79m for ship repair and maintenance in 2010, and has plans to spend A$81m next year.
The department plans to spend A$12m-$17m on repair work on HMAS Kanimbla and HMAS Manoora over the next two weeks, according to The Sydney Morning Herald.
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By GlobalDataTenders worth A$500m for five-year ship maintenance contracts to take place at Garden Island, Sydney, Australia, will also be floated.
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The work will be performed in Singapore where the ship has a scheduled visit while on deployment in Asia.