ASL Marine (A04.SG) +2.3% at $0.88 ay 9:59 a.m., just off 3-month high of $0.895 in early trade, as provider of ship building, chartering services lands its second set of contracts this year, worth $55 million, says Dow Jones.
Company will build 30 vessels (2 tugs, 1 pipe-lay barge, 27 cargo barges) to be delivered by 2012, with revenue to be recognised from current FY ending June 2011.
