VT Halter, Hornbeck Arbitration Underway

摘要

SINGAPORE TECHNOLOGIES Engineering reports that its wholly-owned U.S. shipbuilding subsidiary, VT Halter Marine, Inc., Pascagoula, MS, is involved in arbitration proceedings in New Orleans, LA, with Hornbeck Offshore Services, LLC (HOS), Covington, LA. The proceedings involve issues and disputes arising from a vessel construction agreement dated November 14,2011 between VT Halter and HOS-for the design and construction of certain vessels being built by VT Halter for HOS.