Shanghai Bestway secures offshore construction platform contract

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.

Jason Jiang

Jason is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.

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