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

People & Company News

Navy Awards Austal $691M for Two Littoral Combat Ships

The U.S. Navy has ordered two new littoral combat ships from Austal, the shipbuilder said in a press release today. The two orders, worth $691 million, are part

Hapag-Lloyd Improves Safety of Dangerous Goods Transportation

Last year, Hapag-Lloyd discovered 2,620 cases of incorrectly declared dangerous goods that were prevented from being shipped. Dangerous goods experts at Hapag-Lloyd investigated over 162,

Baltic Sea Freight Index Down on Lower Rates

The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, fell on Wednesday, pulled down by a fall in rates across all vessel segments.

 
 
Maritime Careers / Shipboard Positions Maritime Security Maritime Standards Offshore Oil Pipelines Pod Propulsion Port Authority Salvage Ship Repair Shipbuilding / Vessel Construction
rss | archive | history | articles | privacy | terms and conditions | 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: 0.1298 sec (8 req/sec)