SINGAPORE (Sept 28): Cosco Shipping International (Singapore) has announced two new contracts to be undertaken by the subsidiaries of its 51%-owned subsidiary, Cosco Shipyard Group.
Under the first contract, Cosco (Dalian) Shipyard will build two units of multi-purpose pulp vessels with the option to build another similar unit at RMB222 million (S$45.3 million) for China’s Cosco Shipping Specialised Carriers, formerly known as Cosco Shipping.
Separately, the group announced that Cosco (Zhoushan) Shipyard had recently entered into a contract with an unnamed European buyer to build four units of...(click on link for full story on theedgesingapore.com)