Marine Link
Thursday, March 28, 2024

COSCO Zhoushan to Build Two Panamax Bulkers

Maritime Activity Reports, Inc.

August 14, 2014

COSCO Corporation (Singapore) says that its subsidiary COSCO (Zhoushan) Shipyard has secured a contract valued over USD56 million from an Asian buyer to build two 64,000 dwt bulk carriers.

The two vessels are scheduled for delivery in 4Q2016 and 1Q2017 respectively.

COSCO adds that barring any unforeseen circumstances, the contract is not expected to have a material impact on the net tangible assets and earnings per share of the Company for the year ending 31 December 2014.
 

Subscribe for
Maritime Reporter E-News

Maritime Reporter E-News is the maritime industry's largest circulation and most authoritative ENews Service, delivered to your Email five times per week