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Cosco Shipyard bags Sentinel support vessel contract

Cosco Shipyard bags Sentinel support vessel contract
Cosco Guangdong has received an order from the UK's Sentinel Marine for a Tanker Assist/ Emergency Response/ Rescue/ Field Support Vessel (TAERRV).

The vessel, the contract price for which remains private, is due to be delivered in the first quarter 2017. Sentinel has six months in which to form up an option for a further TAERRV with Cosco.

The announcement comes as Cosco Shipyard urges cooperation between yards and rig owners during the offshore market's current downturn.