The Board of Directors of COSCO Corporation (Singapore) Limited today announced that COSCO (Zhoushan) Shipyard C o., Ltd (COSCO Zhoushan) has delivered a bulk carrier of 82.000 DWT, “DL DAHLIA”, to its Asian buyer. The delivery documents were signed by and between COSCO Zhoushan and the buyer on 28 May 2013. The bulk carrier measures [...]
The Board of Directors of COSCO Corporation (Singapore) Limited today announced that COSCO (Zhoushan) Shipyard, a subsidiary of the Company’s 51% owned COSCO Shipyard Group Co., Ltd, has delivered one bulk carrier of 57.000 DWT, “OCEAN LADY” and one bulk carrier of 82.000 DWT, “DL ACACIA”, respectively to its European and Asian buyers. The delivery [...]
May 23, 2013 | Posted in
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The Board of Directors of COSCO Corporation (Singapore) Limited today 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 valued over RMB500 million (approx $81.5 Mln) from a Chinese ship owner to build one 28,000 CBM LNG Vessel. The [...]
May 21, 2013 | Posted in
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The Board of Directors of COSCO Corporation (Singapore) Limited today announced that the shareholders of COSCO ( Lianyungang) Shipyard Co., Ltd. (a 60% owned subsidiary of the Company’s 51% owned subsidiary, COSCO Shipyard Group Co. Ltd.), have passed a resolution to dissolve COSCO Lianyungang. COSCO Lianyungang is principally engaged in ship repair work. The decision [...]
Cosco Shipyard in Guangdong, China, has held a launching ceremony for Galloway Express, first livestock carrier being built for Vroon B.V, the Dutch company’s news release said. The launching took place in two stages. On April 6, the vessel was pulled from the slipway to the floating dock, a process that took six hours. The [...]
April 25, 2013 | Posted in
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Wartsila, the marine industry’s leading solutions and services provider, will supply a comprehensive, fully integrated power, propulsion and positioning system for a DP3 Dynamically Positioned offshore accommodation rig being built in China. The contract was signed in January with Cosco (Qidong) Offshore Co. Ltd, the yard building the vessel for Singapore based Axis Offshore. The [...]
April 17, 2013 | Posted in
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The Norwegian shipowner, Knutsen NYK Offshore Tankers (KNOT), recently finalized a deal for a 152,000-DWT DP2 shuttle tanker to be built by COSCO (Zhoushan) Shipyard. The vessel will be 276.3 metres in length, 46 metres in width and have a design draft of 17.5 metres. Additionally, COSCO (Zhoushan) has won another order to build a [...]
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 57.000 DWT, named “OCEAN MASTER”, to its European buyer. The delivery documents were signed by and between COSCO Zhoushan [...]
March 7, 2013 | Posted in
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Axis Offshore and Cosco celebrated, on 28th February 2013, steel cutting for the first semi-submersible accommodation unit to be delivered in February 2015. The Axis Offshore site team manager, Mr. Magnus Olsson, congratulated the yard project manager, Mr. Wang Jianqiang, on the planned progress made by Cosco. The unit, of Global Maritime’s GM500A design, will [...]
March 1, 2013 | Posted in
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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 [...]
