COSCO to Build $517m Container Ships

Tuesday, June 27, 2006
Reuters reported that China COSCO Holdings Co. Ltd. would spend $516.8m to build eight container ships. Each ship would be able to carry the equivalent of 5,100 20-ft. containers. The company said in a statement that Jiangnan Shipyard (Group) Co. Ltd., a unit of China State Shipbuilding Corp. Ltd., would build the ships. The first two would be delivered on June 30, 2009 and the other six would be delivered in pairs in October 2009, February 2010 and June 2010.
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Shipbuilding

Carrier for Kansai Electric Power Named LNG FUKUROKUJU

Mitsui O.S.K. Lines, Ltd. today took part in a naming ceremony for the newbuilding liquefied natural gas carrier LNG FUKUROKUJU, which is co-owned by MOL and Kansai Electric Power Co.

AAM, UNH in Vessel Design, Construction Pact

All American Marine, Inc.(AAM) together with the University of New Hampshire (UNH) are pleased to announce a contract for the design and construction of a new aluminum catamaran research vessel.

Korean Shipyards in Troubled Water

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Navy

Wrecked 'Russian submarine' found in Swedish waters

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Chinese Navy Plays Down S. China Sea Exercises

The Chinese navy played down recent military drills in the South China Sea and criticised other countries for "illegally" occupying islands in the area, the

U.S. 3rd Fleet Shifts Command

Vice Adm. Nora Tyson relieved Vice Adm. Kenny Floyd as commander, U.S. 3rd Fleet during a change of command and retirement ceremony held on Nimitz-class aircraft

 
 
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