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Triyards bags NT$716m oil barge order from CPC Corp

Contract is the yard group's first with the Taiwanese state-owned oil and gas company

Published Wed, Dec 30, 2015 · 09:50 PM

Singapore

TRIYARDS Holdings unveiled on Wednesday an order worth NT$716 million (S$30.75 million) from CPC Corporation, its second contract win from Taiwan, in yet another sign of the yard group's diversification into new markets.

The contract for the construction of two oil barges from CPC, is also Triyards' first with the Taiwanese state-owned oil and gas company. The barges intended for coastal service and the supply of bunker vessels in Taiwan's harbour and coastal areas, are to be delivered in the second quarter of FY2018.