Yangzijiang to Buy Stake in Singapore Rig-Maker

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)
 

Related News

ESL Shipping's First Plug-in Hybrid Vessel Electramar Christened No Shortage of Good Ideas to Address the Mariner Shortage US Says Warship Intercepted Houthi Missile, Merchant Vessel Untouched Gulf Intercoastal Waterway Closed After Barge Strikes Bridge in Galveston Containership Lost Power Several Times Before Striking Bridge in Baltimore