ST Engineering expands JFD deal to secure subsea assets
The MoU now covers commercial shipbuilding and maintenance services for international navies.
James Fisher Defence (JFD Global) and ST Engineering Marine have signed a Memorandum of Understanding (MoU) to expand their collaboration in Singapore and international markets.
The new MoU extends cooperation to commercial shipbuilding, underwater infrastructure, and maintenance, repair, and overhaul (MRO) services.
The extension of joint capabilities internationally will also provide support to the Republic of Singapore Navy (RSN) and other navies.
It also provides a framework for joint projects in new markets beyond Singapore, combining JFD’s submarine rescue expertise with ST Engineering’s shipbuilding and conversion capabilities.
The agreement builds on a partnership spanning over 15 years, initially focused on submarine rescue for the RSN.