COSCO secures order for two 64K bulk carriers

2013-12-06 09:00

On December 4, COSCO Investment (Singapore) Co., Ltd., listed on the Singapore Stock Exchange, announced that its 51%-owned subsidiary, COSCO Shipping, had secured new shipbuilding orders worth more than US$54 million.

The contracts involve two 64,000 DWT bulk carriers ordered from Zhoushan COSCO Shipping by an Asian shipowner, with delivery scheduled for the fourth quarter of 2014.