COSCO Delivers PSV and Two Jack-up Rigs

Maritime Activity Reports, Inc.

August 25, 2016

VOS PASSION Photo by Vroon.nl

VOS PASSION Photo by Vroon.nl

 Cosco (Dalian) Shipyard Co., Ltd., a subsidiary of its 51 percent owned Cosco Shipyard Group Co., Ltd., has delivered two jackups to the Foresight Group of companies through United Arab Emirates-based drilling and rig management services firm Hallworthy International FZC.

 
Cosco Dalian signed the delivery documents for the two jackups,"N527" and "N581" -- possibly Vivekanand 2 (350' ILC) and Vivekanand 3 (350' ILC) -- with the buyer recently.
 
The  jack-up  rigs,  both  measuring  74.09  meters  in  LOA  (length  of  all),  62.80  meters  in width,  are  designed  to  operate  at  water  depths  of  350  feet  and  is  capable  of  performing drilling operations at depths of up to 30,000 feet.
 
Separately, Cosco indicated that Cosco (Guangdong) Shipyard Co., Ltd., a unit of Cosco Shipyard, has delivered a platform supply vessel, named "VOS PASSION", to its European buyer. The vessel is 274 feet (83.48 meters) in length, 59 feet (18 meters) in breadth and 26 feet (8 meters) in depth.
 
These deliveries come after the shipbuilder entered into a contract with a European buyer for three 1750 TEU container vessels, scheduled for delivery in 2019. 
 
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