Pan United Shipyard Lands $38 Million Vessel Contract

Tuesday, June 12, 2001
Singapore's Pan United Corp Ltd said on Tuesday its unit Pan United Shipyard Pte Ltd won a $38 million shipbuilding contract from Shanara Maritime.

The contract was for a diving construction and support vessel, which would be delivered in the first half of next year, Pan United said in a statement to the Singapore Exchange.


Contracts

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Offshore

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Russian shipbuilder Krasnye Barrikady and Iran's Tasdid Offshore Development Company (TODC)  have signed a deal worth $1 billion to build five offshore drilling

 
 
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