COSCO Shipbuilders Deliver Vessel, Contracts for Two More

COSCO Corp. (Singapore) Ltd. announce a newbuilding delivery by its Guangdong shipyard, and contracts for its Nantong and Dalian subsidiary shipyards also in China as follows:

COSCO (Guangdong) Shipyard has delivered a 4500m2 Livestock Carrier, “Galloway Express” to its European buyer. The vessel is 134.80 meters in LOA 19.60 meters in breadth and 9.6 meters in depth.

COSCO (Nantong) Shipyard has been contracted for a conversion valued at over USD 170 million of a semi-completed hull to high-end floating accommodation unit.The unit is scheduled for delivery in 24 months.

COSCO (Dalian) Shipyard has secured a contract valued over USD180 million from an Asian company to build a Jackup drilling rig scheduled for delivery in the 3rd quarter of 2015.