Homepage
PR Newswire
17-03-2012, 11:39 PM
I believe YZJ is planning to invest RMB 4 billion (together with Qatar) in a JV yard to build rigs as well. Let's not forget the PPL Yard stake as well (pending legal outcome). With that being said, if I am not mistaken, don't SMM own a 30% stake in Cosco Shipyard Group ? So I think it can also ride on the offshore manufacturing boom in China.
(Not Vested in any of these companies)
(Not Vested in any of these companies)
Disclaimer: Please feel free to correct any error in my post. I am not liable for anything. Do your own research and analysis. I do NOT give buy or sell calls and stock tips. Buy and sell at your risk. I am not a qualified financial adviser so I do not give any advice. The postings reflects my own personal thoughts which may or may not be accurate.