Cosco bags contracts for two PSVs and four ERRVs| Offshore Energy Today
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COSCO Corporation (Singapore) Limited has announced that two shipbuilding contracts signed by COSCO (Guangdong) Shipyard Co., Ltd, a subsidiary of the Company s 51% owned subsidiary, COSCO Shipyard Group Co., Ltd, with a European ship owner for the construction of two PX121 Platform Supply Vessels have been declared effective.
Additionally, the ship owner has an option to render effective, within six months, two contracts for the construction of similar PX121 PSVs. The Company will announce when the shipbuilding contracts under the option are declared effective.
The Board of Directors local shopping of Cosco Corporation has also announced that COSCO (Dalian) Shipyard Co., Ltd., a subsidiary of the Company s 51% owned subsidiary, COSCO Shipyard Group Co., Ltd, has secured a contract from an Asian company to build four Emergency Response / Rescue / Field Support Vessels.
These two effective contracts for four Emergency Response / Rescue / Field Support Vessels and two PX121 Platform Supply Vessels have a value of approximately $100 million in total, local shopping excluding owner-furnished equipment. Press Release, April 21, 2014
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OW Schaeffler Presents New Standard for Its Wind Power Bearings SSWN Seaborn Networks Expands Management Team SSWN Forum Appoints Senior Vice President Drilling Technologies OW Researchers Developing Tool to Streamline Offshore local shopping Wind Farms Planning
Home REGIONAL NEWS Middle East Europe & Eurasia Asia pacific Americas Africa South & Central Asia NEWS BY TOPIC News Equipment & Technology Contracts & Tenders Conferences & Exibitions Company News Vessels Project Updates Events Jobs Directory
COSCO Corporation (Singapore) Limited has announced that two shipbuilding contracts signed by COSCO (Guangdong) Shipyard Co., Ltd, a subsidiary of the Company s 51% owned subsidiary, COSCO Shipyard Group Co., Ltd, with a European ship owner for the construction of two PX121 Platform Supply Vessels have been declared effective.
Additionally, the ship owner has an option to render effective, within six months, two contracts for the construction of similar PX121 PSVs. The Company will announce when the shipbuilding contracts under the option are declared effective.
The Board of Directors local shopping of Cosco Corporation has also announced that COSCO (Dalian) Shipyard Co., Ltd., a subsidiary of the Company s 51% owned subsidiary, COSCO Shipyard Group Co., Ltd, has secured a contract from an Asian company to build four Emergency Response / Rescue / Field Support Vessels.
These two effective contracts for four Emergency Response / Rescue / Field Support Vessels and two PX121 Platform Supply Vessels have a value of approximately $100 million in total, local shopping excluding owner-furnished equipment. Press Release, April 21, 2014
Latest articles Aqualis Offshore lands several contracts in Aisa ConocoPhillips spuds final well in Browse drilling local shopping campaign Gazprom pens biggest contract in its history Alfa Laval wraps up Frank Mohn deal Fugro invests in Gulf of Mexico survey fleet Murphy Oil extends AHTS charter in Malaysia local shopping Galp to begin TAO-1 drilling in June (Morocco) Nido: Re-Spud of Baragatan local shopping well needed (Philippines) Azeri, Kazakh geologists pen cooperation deal Dolphin charters ‘Polar Marquis’
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