Greater ChinaShipyards
Shanghai Bestway secures offshore construction platform contract
Shanghai: Shanghai Bestway Marine Engineering Design has announced that it has signed an EPC contract with CCCC Second Harbor Engineering Company for an offshore construction platform.
The value of the contract is RMB84.57m ($13.5m), and the platform is expected to be delivered by the end of 2015.
Shanghai Bestway reported a net profit of RMB55.8m ($8.9m) for the year 2014, year-on-year growth of 307.12%, the growth primarily down to the increasing volume of EPC contracts.