COSCO Shipyard wins new orders for jack-up platforms and other vessels

2013-10-21 09:00

COSCO Shipyard, 51% owned by COSCO Group listed on the Singapore stock exchange, has successively secured new shipbuilding orders.

Dalian COSCO Shipyard, a subsidiary of COSCO Shipyard Asia, secured an order from a shipowner for one jack-up drilling rig, with a total value of approximately over US$180 million. The platform is scheduled for delivery in the third quarter of 2015.

In addition, the shipyard also secured an order from a domestic shipowner for a 30,000 DWT cargo and training ship. The newbuild price is approximately over US$325 million, with delivery scheduled for the third quarter of 2015.