Two PSV contract options declared effective for COSCO
COSCO Corp. (Singapore) Ltd. reports that two option contracts, awarded to COSCO (Guangdong) Shipyard Co. Ltd, a subsidiary of the company’s 51% owned subsidiary, COSCO Shipyard Group Co. Ltd., for the construction of two platform supply vessels have been declared effective.
Feb 17th, 2014
Offshore staff
SINGAPORE –COSCO Corp. (Singapore) Ltd. reports that two option contracts, awarded to COSCO (Guangdong) Shipyard Co. Ltd., a subsidiary of the company’s 51% owned subsidiary, COSCO Shipyard Group Co. Ltd., for the construction of two platform supply vessels have been declared effective.
The option contracts, valued at $60 million, were from an unnamed Singapore-based company.
02/17/2014