The Penang Shipbuilding Corp., Kuala Lumpur, Malaysia, is to start in the ship repair business to take advantage of the buoyant ship repair market. It has acquired a floating dock to facilitate its venture into this field.
Auxiliary equipment for blasting, scraping, hull cleaning, painting, tank testing and hull, engineering, electrical, and electronic repairs has also been acquired.
The Penang staff is currently being trained in ship repairs in New Zealand.