Singapore's Kim Heng Holdings says it has signed an agreement worth $450 million with Iran Marine Fund to finance offshore facilities and other maritime ventures. The non-binding agreement calls for manufacturing of platform supply vessels, offshore cranes, chemical tankers, and also aluminum and fiberglass vessels. Tan Keng Hoe Melvin, general ...

TEHRAN - Singapore's Kim Heng Offshore & Marine Holdings Limited signed a memorandum of understanding (MOU) with Iran Marine Fund (IMF) to cooperate in Irans marine projects, IRNA reported on Monday. Based on the MOU, which was signed by Mehrdad Mozaffari, the IMF managing director, and Tan Keng Hoe Melvin, the general manager for supply chain ...