ST Engineering - GUL YARD

ST Engineering has an established track record in shipbuilding and ship repair, having successfully delivered numerous turnkey solutions for naval and commercial vessels, as well as high engineering content repair and conversion services, leveraging advanced technologies like 3D modelling and digitalisation to enhance operational efficiency and meet complex customer needs. The Gul yard has an area of 141,000 m2, with a gross built up floor area of 74,593 m2, and a lease that runs until August 2030 and can be extended by another 20 years. ST Engineering plans to transform the newly acquired yard into a smart shipyard, adopting end-to-end digitalisation that will power the shiprepair cycle and processes. The Gul yard will also be used to support the Group’s other marine segments, such as module fabrication and offshore renewable projects.