China Ocean Orders Four VLCC's

December 30, 2013

COSCO Group has ordered 4 Very Large Crude Carriers (VLCC) from China Shipbuilding Industry Corporation (CSIC).

The ceremony was attended by Chairman Ma Zehua, President Li Yunpeng, Chief Financial Officer Sun Yueying, and Executive Vice President Ye Weilong of COSCO Group, as well as President Li Changyin, Executive Vice President Dong Qiang and Executive Vice President Sun Bo from CSIC.

COSCO CSIC signing ceremmony: Image courtesy of COSCO Group
COSCO CSIC signing ceremmony: Image courtesy of COSCO Group

COSCO inform that managers and executives from relevant departments and subsidiaries of the two companies also attended the ceremony. Chairman Ma Zehua and President Li Changyin delivered speeches in the ceremony.

The contract was signed during the ceremony by Mr. Zhu Jianhui, Managing Director of Dalian Ocean Shipping CO., Ltd, Mr. Yu Fengping, Managing Director of Dalian Shipbuilding Industry Corporation, and Mr. Xu Ziqiu, Managing Director of China Shipbuilding Industry International Trade CO., Ltd.
 

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