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
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.
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Nomura targets 20% revenue growth from global markets business
FLCT posts 1.1% lower H1 DPU of S$0.0348 on higher vacancies, expenses
Singapore shares rise at Tuesday’s open tracking global rally; STI up 0.2%
Segantii allegations roil a go-to block trader for global banks
ETF popularity poised to stay as investors flock to diversification, stability
Interests of OCBC and Great Eastern’s minority shareholders are fundamentally misaligned