Independent journal on economy and transport policy
08:26 GMT+2
Singapore company confirms it's shopping for a U.S. yard
(Marine Log)
July 19, 2000
Singapore Technologies Engineering is trying to acquire a shipyard in the U.S. and is willing to pay U.S. $60-U.S.$180 million, according to CEO Boon Swan Foo. He was speaking after the company announced a 36% gain in first-half net profit and said it expects full-year growth to be more than 25 per cent . ST Engineering's earnings for the six months to June ...... Read more on Marine Log
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