Keppel Corp "well-positioned" to win more offshore orders
New products look especially promising.
"We expect Keppel Corporation to win more orders to grow its SGD13.65bn O&M orderbook, while anticipating subdued property sales given the strong policy headwinds in Singapore and China," said OSK-DMG in a comment following the release of Keppel Corporation's 3Q13 results.
"We believe KEP is well-positioned to win more offshore orders, as recent developments on new products such as the floating liquefied natural gas and drillship appear encouraging, with potential orders expected in the next 12 months," it added.