Online

Swiber not sunk by barge mishap

Singapore offshore construction company Swiber Holdings has moved decisively to recover from the loss of a semi-submersible transport barge that sunk recently during sea trials.

Loss adjustment: the Smit Giant 2 barge will replace the Swiber Giant V, which is still on the seabed after the incident
Loss adjustment: the Smit Giant 2 barge will replace the Swiber Giant V, which is still on the seabed after the incident
Published 25 April 2008, 01:30Updated 9 July 2012, 04:34
Asia & Oceania