COSCO Nantong Shipyard to Build Semi-Sub Accommodation Rig

July 18, 2013

The Chinese shipyard, a subsidiary of COSCO Shipyard Group Co. Ltd., has secured a contract valued over US$ 200-million from Mexico's COTEMAR S.A. De C.V.

The contract is to build a harsh environment semi-submersible accommodation vessel, which will be built to GustoMSC Ocean500 design and have capacity for 750 persons, a DP3 Dynamic Positioning system and is designed to operate in the Santos Basin, Gulf of Mexico and in the North Sea.

COTEMAR S.A. De C.V.,has now exercised the first option unit awarded by COSCO. COTEMAR S.A. De C.V., was awarded altogether two options units in March 2012 when the 1st unit hull were contracted.

The vessel is scheduled for delivery in 24 months time.

Related News

Cadeler Raises Over $200M to Fund Fleet Expansion Plans Delfin LNG Nears FID as Pipeline Restart Awaits Approval Iran War Sends LNG Prices Soaring, Curbing Asia Demand Turkish Tanker Hit by Drone in Black Sea after Departing Russia Oil Falls on Middle East Ceasefire Hopes, Easing Supply Fears