By ANGELA TAN
Keppel Offshore & Marine Ltd (Keppel O&M), through its wholly-owned subsidiary, Keppel Nantong Shipyard Co. Ltd (Keppel Nantong) in China, has secured a contract worth S$143 million to build a heavy lift sheerleg crane vessel for Asian Lift Pte Ltd (Asian Lift).
Scheduled to be completed in 3Q 2013, the 5,000-tonne floating crane will be the largest and most versatile heavy lift sheerleg crane vessel of its kind in the world.
To be named Asian Hercules III, the self-propelled vessel will have enough power to lift a weight equal to over 5,000 saloon cars.
What’s Going On With Arm Holdings Stock? – ARM Holdings (NASDAQ:ARM)
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Loading...Arm Holdings Plc ARM shares are falling Friday after Exane BNP
Paribas downgraded the stock from Outperform to Neutral.The Details:Exane
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