Wednesday, December 06, 2006

Stock News: SembCorp Marine higher after winning 180 mln usd deal

SembCorp Marine Ltd was higher after its wholly-owned unit Jurong Shipyard won a 180 mln usd contract from Saudi Aramco Overseas Co BV, a subsidiary of the Saudi Arabian Oil Co. The contract involves the design, construction and delivery of a self-elevating heavy-lift jack-up barge. The barge is scheduled for delivery in the first quarter of 2010. SembCorp Marine was up 0.06 sgd or 1.77 pct at 3.46 with 535,000 shares traded.

0 Comments:

Post a Comment

<< Home