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COSL buys two PSVs

COSL buys two PSVs
China Oilfield Services Limited (COSL) has purchased two platform supply vessels (PSV) from Xiamen Shipbuilding Industry Co.

Last week, COSL has taken delivery of one 3,300 dwt PSV while a second vessel is slated for delivery at the end of August. Both vessels are expected to start operations in the last quarter of this year.

Financial details of the order were not revealed.

Last month, COSL ordered 15 new PSVs from five different Chinese shipyards. The newbuildings are scheduled to be delivered between January to August 2015.