China Shipyard Wins Offshore Accommodation Contracts
Sunday, June 23, 2013

COSCO Corporation's Nantonng, China shipyard secures contracts for two accommodion units valued at over US$170-million each.

The contracts placed by an unspecified Singapore company are for  the conversion of two semi-completed hulls to high- end floating accommodation units ("FAUs") valued at over USD170 million each.

COSCO add that the contract for the first unit is effective. The units are scheduled for delivery 24 months after the contracts are declared effective and they will make an announcement when the contract for the second unit is rendered effective in six months’ time. The contracts are not expected to have a material impact on the net tangible assets and earnings per share of the Company for the year ending 31 December 2013.

Maritime Today

The Maritime Industry's original and most viewed E-News Service

Maritime Reporter November 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Ship Repair & Conversion

Turbocharger Retrofits for Royal Caribbean

MAN PrimeServ informs it has won the contract from Royal Caribbean Cruises Ltd. (RCCL) to retrofit the turbochargers aboard four cruise liners from its fleet.   The

Adrift Cargo Ship Taken in Tow

The Barbados-registered cargo vessel Skog, which was adrift off Orkney after encountering engine problems, is now under tow, the U.K. Maritime and Coastguard Agency (MCA) reported.

MAN Selects Rud to Head PrimeServ Diesel

MAN Diesel & Turbo’s executive board has appointed Per Rud as the new head of PrimeServ Diesel.   Rud will assume his new role on January 1, 2016 and takes over from Wayne Jones,


Deepwater Downturn: Bump in the Road or Long-Term Slowing of Growth?

IMA/World Energy Reports has just completed a comprehensiveassessment of the five year outlook for the deepwater sector.  The new report – the 19th annual floater

Tidal Energy from Deep and Slow Waters

Deep Green, an underwater kite construction from the Swedish company Minesto, is set to be deployed in 2017 at the Holyhead Deep site off the coast of Anglesey, Wales.

RasGas to Waive $1bln Penalty on LNG Deal

Qatar-based natural gas producer RasGas will not penalise Petronet LNG for lower offtake of the fuel, says a report by PTI.   Qatar has agreed to waive $1 billion

Maritime Contracts Maritime Security Navigation Offshore Oil Pipelines Port Authority Ship Electronics Ship Repair Shipbuilding / Vessel Construction Sonar
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0766 sec (13 req/sec)