Singapore Exchange (SGX) mainboard-listed COSCO Corporation (Singapore) Limited (COSCO) today announced its financial results for the full year ended 31 December 2012. Group turnover fell 10.3% to $3.7 billion in FY 2012 from $4.2 billion in FY 2011 due to decreases in shipyard and dry bulk shipping revenues. Turnover from shipyard operations decreased 10.1% to [...]
The Board of Directors of COSCO Corporation (Singapore) Limited announced, Jan. 25th, that COSCO (Dalian) Shipyard Co., Ltd (COSCO Dalian), a subsidiary of the Company’s 51% owned COSCO Shipyard Group Co., Ltd, has delivered two bulk carriers of 82.000DWT, “ECOPRIDE G.O.” and “UNION MARINER”, respectively to its European buyers. The delivery documents were signed by [...]
January 28, 2013 | Posted in
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The Board of Directors of COSCO Corporation (Singapore) Limited announced, Jan. 10th, that COSCO (Guangdong) Shipyard Co., Ltd (COSCO Guangdong), a subsidiary of the Company’s 51% owned COSCO Shipyard Group Co., Ltd, has delivered a bulk carrier of 57.000 DWT, “KLIMA”, to its European buyer. The delivery documents were signed by and between COSCO Guangdong [...]
January 10, 2013 | Posted in
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The Board of Directors of COSCO Corporation (Singapore) Limited announced, Nov. 28th, that COSCO (Guangdong) Shipyard Co., Ltd, a subsidiary of the Company’s 51% owned subsidiary, COSCO Shipyard Group Co., Ltd, has secured a contract from a European company to build two bulk carriers of 35,500 dwt each. Both vessels are scheduled for delivery in [...]
November 28, 2012 | Posted in
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The Board of Directors of COSCO Corporation (Singapore) Limited has announced that COSCO (Guangdong) Shipyard Co., Ltd (COSCO Guangdong), a subsidiary of the Company’s 51% owned COSCO Shipyard Group Co., Ltd, has delivered a bulk carrier of 35.000 DWT, “MARINE PRINCESS”, to its Asian buyer. The delivery documents were signed by and between COSCO Guangdong [...]
The Board of Directors of COSCO Corporation (Singapore) Limited announced that COSCO (Zhoushan) Shipyard Co., Ltd (COSCO Zhoushan), a subsidiary of the Company’s 51% owned COSCO Shipyard Group Co., Ltd, has delivered a bulk carrier of 57000 DWT named ASIAN TRIUMPH to its Asian buyer. The delivery documents were signed by and between COSCO Zhoushan [...]
The Board of Directors of COSCO Corporation (Singapore) Limited announced yesterday that subsidiaries of the Company’s 51% owned COSCO Shipyard Group Co., Ltd have made two deliveries. All the delivery documents were signed by and between the COSCO shipyards and the respective buyers in August 2012. 1. COSCO (Dalian) Shipyard Co., Ltd has delivered one [...]
August 22, 2012 | Posted in
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The Board of Directors of COSCO Corporation (Singapore) Limited announced that COSCO (Dalian) Shipyard Co. Ltd., a subsidiary of the Company’s 51% owned subsidiary, COSCO Shipyard Group Co. Ltd., has secured a USD170 million contract from Talland Navigation Limited Corporation, a subsidiary of Foresight Limited (London) to build one Jack- up Drilling Rig based on [...]
August 13, 2012 | Posted in
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COSCO Corporation successfully delivered 20 dry bulk carriers in the first half of 2012. Of these, COSCO Zhoushan shipyard delivered 9 bulk carriers, COSCO Guangdong shipyard delivered 6 bulk carriers and COSCO Dalian shipyard delivered 5 bulk carriers. In addition, COSCO Nantong shipyard delivered 2 offshore marine engineering vessels – the Sevan Brasil, a cylindrical drilling [...]
The Board of Directors of COSCO Corporation (Singapore) Limited announced today that subsidiaries of the Company’s 51% owned COSCO Shipyard Group Co., Ltd have made the following deliveries: 1. COSCO (Dalian) Shipyard Co., Ltd has delivered one bulk carrier of 82.000 DWT, “ECOFAITH G.O.”, to its European buyer. 2. COSCO (Zhoushan) Shipyard Co., Ltd has [...]
July 12, 2012 | Posted in
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