SUBSCRIBERS
Keppel O&M to sell its Dutch yard to Damen Shipyards
Published Mon, Apr 10, 2017 · 09:50 PM
Singapore
KEPPEL Offshore & Marine is selling its Rotterdam-based shipyard Keppel Verolme to Dutch firm Damen Shipyards Group in line with its efforts to rationalise its global network of yards following a strategic review.
Towards this end, it has entered into a term sheet agreement with Damen Shipyards, said Keppel Corp, which wholly owns Keppel O&M, in an announcement to the Singapore Exchange.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Air China to buy 100 locally made C919 jets in US$11 billion deal
HCA beats first-quarter profit estimates on higher patient admissions
F&B operator YKGI to exclusively operate Chicha San Chen in Macau for next eight years
LMIRT Q1 net property income dips 3.1% to S$30 million on higher expenses
Exxon misses on Q1 profit despite big gains in Guyana
US FDA approves Pfizer’s gene therapy for rare bleeding disorder