Homepage
PR Newswire
01-07-2014, 03:40 PM
(23-06-2014, 03:04 PM)CityFarmer Wrote: The accommodation vessel seems getting popular...
(not vested)
--------
NAM CHEONG CLINCHES CONTRACT FOR TWO ACCOMMODATION WORK BARGES WORTH APPROXIMATELY US$84 MILLION
- First-of-its-kind in Malaysia and largest Accommodation Work Barges to be built by Nam Cheong;
- Sold to Perdana Petroleum Berhad, with option to purchase another two;
- Order book stands at RM1.5 billion (approximately S$581.7 million)
http://infopub.sgx.com/FileOpen/NCL_News...eID=302251
Their semi-competitor view is that accommodation vessels are too volatile and spot priced. Might not be an issue for those that sell them, but might be interesting to see those that operates them ie POSH
Before you speak, listen. Before you write, think. Before you spend, earn. Before you invest, investigate. Before you criticize, wait. Before you pray, forgive. Before you quit, try. Before you retire, save. Before you die, give. –William A. Ward
Think Asset-Business-Structure (ABS)
Think Asset-Business-Structure (ABS)