Mooreast quadruples floating renewables production capacity

Singapore-listed Mooreast has bought a 98,919 sq m facility from a subsidiary of compatriot shipyard group Seatrium. The acquisition of the facility will quadruple the company’s production capacity in Singapore serving the floating offshore renewable sector. The renewable sector mooring solutions specialist has been granted an option to purchase 60 Shipyard Crescent, a wholly-owned subsidiary …

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