Yangzijiang to Buy Stake in Singapore Rig-Maker

Monday, April 19, 2010

According to an April 17 report from Reuters, China's Yangzijiang Shipbuilding (YAZG.SI) and a Middle Eastern investor will buy an indirect stake in Singapore-based oil-rig maker PPL Shipyard in a $113m deal.

(Source: Reuters)
 

Categories: Offshore Shipbuilding

Related Stories

Ukrainian Drones Hit Tuapse Port Again, Environmental Crisis Deepens

Russian Attack Hits Port Infrastructure

UK’s Portland Port Expands Services with LNG Transfer Capability

Current News

Mercuria Sues Baltic Exchange Over Freight Losses from Hormuz Closure

Ukrainian Drones Hit Tuapse Port Again, Environmental Crisis Deepens

Russian Attack Hits Port Infrastructure

Port Snared in US-China Dispute, says Panama President

Subscribe for Maritime Logistics Professional E‑News