The Malaysian shipbuilder said this latest order win brings its order backlog to MYR1.2bn worth of deliveries up to 2015.

“The revenue stream from these latest contracts is expected to contribute positively to our earnings per share,” said Coastal executive chairman Ng Chin Heng.

He added that the latest order backlog is now significantly higher than it was a year ago when it stood at only MYR 676m.

“This