Mar 05, 2018
PaxOcean has been awarded a contract from Lihir Gold Limited, a wholly-owned subsidiary of Newcrest Mining Limited to build one unit of self-propelled spilt hopper barge.
Measuring 61 metres in length and 13 metres in breadth, the barge will be constructed with twin rudder propellers and a hopper capacity of 975m3 for the loading of material produced by the gold mine.
The vessel with Hull No. G8027 will be built in PaxOcean Graha, Batam Indonesia, in compliance with ABS class standards. Work is scheduled for commencement in Q1 2018 and the vessel is expected to be delivered in Q1 2019.
About Lihir Gold Limited
One of the world’s largest gold deposits, Lihir is 100 per cent owned by Newcrest and located on the island of Niolam which is part of the Lihir group of islands, 900 kilometres north east of Port Moresby in the New Ireland Province of Papua New Guinea (PNG).
Newcrest Mining Limited (‘Newcrest’), headquartered in Melbourne, Australia, is a publicly listed company on the Australian Securities Exchange and Port Moresby Stock Exchange operating in the global mining sector. As at June 2017, Newcrest’s market capitalisation was approximately A$15.5 billion. Newcrest is one of the world’s largest gold producers with operating assets in four countries, predominantly in Australia and the Asia Pacific region. Further information on Newcrest is available on its website at www.newcrest.com.au
A subsidiary if Kuok Singapore Limited, PaxOcean owns and operates 6 shipyards located in Singapore, China and Indonesia. First established in 2007 in Singapore, PaxOcean offers a wide range of services covering offshore engineering, rig building, ship and rig repair, maintenance and conversion.
For more information, visit us at www.paxocean.com