Penang Shipbuilding and Construction Sdn Bhd (PSC) inked an agreement to build three chemical tankers valued at $42m for Gagasan Carriers Sdn Bhd.
The two-year contract will see PSC delivering the vessels to Gagasan in Oct 2008, Jan 2009 and March 2009.
The signing was witnessed by Deputy Prime Minister Datuk Seri Najib Tun Razak, here.
Source: Bernama