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COSCO to Build Ulstein design

Ulstein has entered into a contract for the delivery of design and power package for two platform supply vessels of the PX121 design for the Dutch shipowner Vroon. The ships will be constructed at China’s COSCO (Guangdong) Shipyard Co., Ltd. The vessels are planned for delivery in Q1 2015. The contract also includes an option of two more vessels. The vessels for Vroon are the ninth and tenth of this design.