High Hopes

Nam, Sozanne
September 2008
Forbes Asia;9/15/2008, Vol. 4 Issue 15, p190
The article offers information on the efforts of Brian Chang, chief executive of Yantai Raffles Shipyard PTE Ltd., to compete with larger shipbuilders. It offers information on a 400-foot crane, called Taisun, created by Chang that will help in building ships. It mentions that Yantai Raffles, which posted $228 million in revenues and $25 million in net profits in 2007, has six orders for semisubmersibles valued at a total of $1.2 billion over the next couple of years.


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