The
company’s
subsidiary,
Nantong
Jiaolong
Heavy
Industry
Development,
is
expected
to
deliver
the
vessel
in
the
third
quarter
of
2013
to
a
Singapore-based
offshore
rig
and
vessel
owner.
The
firm
declined
to
reveal
the
name
of
its
client.
The
new
contract
comes
as
further
evidence
of
the
growing
role
of
Chinese
shipbuilders
in
the
offshore
wind
services
industry.
Chinese
companies
have
leveraged
lower
labour
costs
and
lower
cost
of
materials
such
as
steel,
as
well
as
huge
capacity,
to
become
the
world’s
biggest
shipbuilders.
However,
the
downturn
in
the
shipping
sector
is
pushing…
