COSCO Gets Shipbuilding Deals Worth $1.3B

Friday, October 26, 2007
COSCO Corporation has clinched shipbuilding contracts valued at over $1.3b. The orders were received by its 51-percent owned unlisted unit, COSCO Shipyard Group. COSCO will build 29 bulk carriers for several foreign shipowners. Seventeen of the vessels weigh 57,000 tonnes, while eight are 80,000 tonne vessels and the remaining four are over 92,000 tonnes. The carriers will be built in the company's Dalian and Guangzhou shipyards. They are slated for delivery between October 2009 and December 2011. [Source: http://www.channelnewsasia.com]
Maritime Reporter May 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

2 Americans Rescued North of Cuba

A Coast Guard MH-60 helicopter crew rescued two American sailors whose vessel ran aground approximately 25 miles north of Gibara, Cuba, Friday. Watchstanders

Shell CEO Backs Fossil Fuels, Climate Change Warnings

The world's fossil fuel reserves cannot be burned unless some way is found to capture their carbon emissions, Royal Dutch Shell Plc Chief Executive Officer Ben van Beurden said on Friday.

Severe Flooding Cuts Off Lone Road to Alaska's Oilfield

Alaska's lone road to North Slope oil field operations remains closed for the third time in two months while emergency crews continue to redirect flooding from an adjacent river,

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Navigation Pipelines Salvage Ship Electronics Ship Repair Ship Simulators Sonar Winch
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: 0.2223 sec (4 req/sec)