According to Business Times, Boustead Naval (BN) Shipyard Sdn Bhd has landed a shipbuilding contract with a private company.
Following a takeover in August last year, the new management
has delivered two patrol vessels to the Royal Malaysian Navy and is slated to complete the remaining four in three years.
Until former commitments with the Government are fulfilled, the company will not be seeking new contracts with them under the Ninth Malaysia Plan, he told reporters.
This includes towing oil rigs, relocating drilling rigs
and providing supply such as fuel and fresh water to platforms.
Ahmad Ramli and Omar, who represented their companies in signing the contract, also performed the keel-laying ceremony by welding two plates.
Source: Business Times