COSCO Shipping Company, Ltd. establishes Joint Venture

Press Release
Thursday, December 20, 2012

After more than twenty-five years of close and productive cooperation in  providing safe and efficient world-wide ocean transportation for a wide  variety of offshore and onshore industry cargoes, COSCO Shipping Company, Ltd. and NMA Maritime & Offshore Contractors B.V.  have decided with immediate effect to further solidify their relationship by  forming two Joint Ventures, separately in the Netherlands and in the U.S.A.
 


It is significant that COSCO Shipping Company is the only company, which has  a large fleet of both semi-submersible and conventional heavy-lift vessels.  These two types of vessels constitute COSCO Shipping Company's core business. COSCO Shipping Company has a pool of  6 newly designed, semi-submersible vessels of 20,000, 30,000, 40,000 and  50,000 DWT capacities.


In addition, 8 new vessels with 700 tons lifting capacities will be  delivered to COSCO Shipping Company next year. Thus COSCO Shipping Company  will be one of the world leaders in its capacity to carry heavy cargoes globally.
 


COSCO Shipping Company's fleet of semi-submersible and conventional  heavy-lift vessels is manned by highly trained and experienced officers and  crews, ensuring safe transport of cargoes.
 

 

The vessels are supported by highly qualified and experienced on-shore  technical and commercial personnel. COSCO Shipping Company is proud to state  that it has an unblemished record of safe carriage and delivery of the most  demanding cargoes.
 


The Joint Venture companies, COSCO Shipping Europe B.V, and COSCO Shipping  Americas Inc., will market the vessels of COSCO Shipping Company, Ltd. under  the trade name of COSCO Heavy Transport, and will continue to provide
top-class services to their many clients world-wide, for whose long-standing  support we are grateful.

 

Maritime Reporter March 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

Shipping Turns From Banks to Equity Markets for Cash

Shipping companies are turning to equity markets to fill a growing funding gap, betting that investors hungry for decent returns will provide capital to a sector

Keel-Laid for Navy's 10th LCS at Austal Yard

The Navy and Austal USA held a keel-laying ceremony for the future 'USS Gabrielle Giffords', the Navy's 10th littoral combat ship (LCS), in Mobile, Ala., informs

Havyard to Build Hybrid Battery Arctic PSV

Norway's Havyard says it has signed a contract for the construction of a Havyard 833 WE ICE platform supply vessel with Fafnir Offshore HF. The vessel is to be

Offshore

Coast Guard tactical air squadron holds change of command ceremony

Capt. Kevin P. Gavin relieved Capt. Donna L. Cottrell as commanding officer of Coast Guard Helicopter Interdiction Tactical Squadron Jacksonville during a change of command ceremony at HITRON Friday.

Shell Commited To Russia Expansion Despite Sanctions

Royal Dutch Shell is committed to expansion in Russia, Chief Executive Ben van Beurden told Russian President Vladimir Putin at a meeting on Friday amid sanctions

Russia Ships First Oil From Offshore Arctic Platform

President Vladimir Putin hailed Russia's first shipment of Arctic offshore oil on Friday, saying the platform decried by environmentalists will help Moscow expand its global energy markets share.

Vessels

Bodies found trapped in S Korean ferry

Divers searching for survivors of a capsized South Korean ferry saw three bodies floating through a window of a passenger cabin on Saturday but were unable to retrieve them,

Havyard to Build Hybrid Battery Arctic PSV

Norway's Havyard says it has signed a contract for the construction of a Havyard 833 WE ICE platform supply vessel with Fafnir Offshore HF. The vessel is to be

Rotterdam port's throughput almost stable

The Port of Rotterdam’s throughput in the first quarter of 2014, at 109 million tonnes, was 0.2% below the level for the corresponding period last year.Split up by goods type,

 
 
Maritime Contracts Maritime Standards Naval Architecture Navigation Offshore Oil Pod Propulsion Port Authority Ship Repair Ship Simulators 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: 0.1403 sec (7 req/sec)