Coastal Contracts alters course

By GURMEET KAUR

Coastal contracts AHT on sea trial - File pic

FOLLOWING the 2014 downturn in the oil and gas (O&G) sector, Coastal Contracts Bhd, primarily a shipbuilding group, has been diversifying to reduce its reliance on this business, which has remained in choppy waters.

To fill the gap in earnings, it has shifted course towards high-end offshore asset chartering.

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Coastal Contracts Bhd , shipbuilding , assets , earnings , Pemex ,

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