Scandinavian Oil-Gas Magazine
http://www.scandoil.com/moxie-bm2/news/boats/cosco-shipyards-units-secures-230m-contracts.shtmlCosco Shipyard's Units secures $230M contracts
Cosco Corporation (Singapore) Limited says that shipyards, which are subsidiaries of the Company’s 51 percent owned subsidiary Cosco Shipyard
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Cosco Corporation (Singapore) Limited says that shipyards, which are subsidiaries of the Company’s 51 percent owned subsidiary Cosco Shipyard Group Co. Ltd, have secured contracts valued at approximately $230 million to build one Floating Accommodation Unit (FAU) and one Module Carrier as follow:
- Cosco (Qidong) Offshore Co., Ltd
Contract from a Singapore entity to build one Floating Accommodation Unit (FAU) scheduled for delivery in 1Q 2017. The buyer has also secured options for five additional FAUs
- Cosco (Dalian) Shipyard Co., Ltd
The contract under the first option cited in the announcement dated Sept. 12, 2013 to build one 21,000 deadweight ton (dwt) Module Carrier for a European company has been rendered effective. The vessel is scheduled for delivery in 2Q 2016
