Coastal Contracts wins vessel orders

COASTAL Contracts Bhd, a shipbuilder, has won orders for another four offshore support vessels (OSV) from a multinational corporation, bringing its total orders for the year to RM781 million.

"Cumulatively, the value of Coastal Group's outstanding vessel sales order book has reached another record high of approximately RM1.4 billion, with deliveries stretching into 2010," it said in a statement to Bursa Malaysia.