COSCO cancels vessel orders

COSCO (Zhoushan) Shipyard has revised its contract with an Asian ship owner for four bulk carrier vessels.

Offshore staff

SINGAPORE -- COSCO (Zhoushan) Shipyard has revised its contract with an Asian ship owner for four bulk carrier vessels.

Under the variation agreement, the orders for two of the vessels will be cancelled. The parties have also agreed to postpone delivery dates for the two remaining vessels from Feb. 15, 2010 to Sept. 15, 2010 and from July 31, 2010 to Jan. 17, 2011, respectively.

01/12/2009

More in Rigs/Vessels