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Cosco shipyards bag orders to build shuttle tanker and module carrier

Cosco shipyards bag orders to build shuttle tanker and module carrier
Two of Cosco shipyards have secured and rendered effective contracts for the construction of two ships with a combined value of approximately $160m.

Cosco (Zhoushan) Shipyard has won an order to build one 152,000-dwt shuttle tanker for a European company.

The newbuild shuttle tanker is scheduled to be delivered in the first quarter of 2017.

Separately, Cosco (Dalian) Shipyard has also confirmed an option to construct one 21,000-dwt module carrier for a European company, with delivery slated in the first quarter of 2017 as well.

Both the shipyards are subsidiaries of state-owned Cosco Shipyard Group.