SYG expects rising orders for OSVs


Shin Yang's domestic container feeder vessel, MV Danum 112 at Northport wharf. - Filepic

KUCHING: Shin Yang Group Bhd (SYG) is expecting new orders to flow in for the construction of offshore supply vessels (OSVs) and replenishment of ageing OSVs due to rising demand with the recovery of the global oil and gas industry.

Chief operating officer Richard Ling said SYG (formerly Shin Yang Shipping Corp Bhd) has received many enquiries from both Malaysian and foreign companies on the construction of new OSVs and recycling of ageing OSVs.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Shin Yang , OSV , oil and gas

Next In Business News

Philippine stocks set for recovery
Beauty lovers turn to TikTok and Amazon
Pricey beans�brew consumer shift
Guiding rural Thais to prosperity
Asia rides the dollar dip
EM optimism after stellar year
Trump travel ban adds to Caribbean woes
Bursa’s quiet year sets stage for comeback
Bull charges cautiously
Indonesia treads with care

Others Also Read