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Cosco Shipyard grabs bumper order worth $403mCosco Shipyard grabs bumper order worth $403m

State-owned Cosco Shipyard Group has clinched a bumper order worth $403.3m comprising of the construction of a jack-up drilling rig and a cargo vessel, and a conversion job.

Lee Hong Liang, Asia Correspondent

October 18, 2013

1 Min Read
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Cosco (Dalian) Shipyard will build a jack-up drilling rig valued at over $180m for an Asian company, with delivery slated in the third quarter of 2015.

The same yard will also construct a 30,000 dwt cargo and training ship priced at RMB325m ($53.3m) for a Chinese buyer. The ship is scheduled for delivery in the third quarter of 2015.

Cosco (Nantong) Shipyard, meanwhile, secured a $170m job to convert one semi-completed hull to a high end floating accommodation unit. The unit is due to be delivered in 24 months.

About the Author

Lee Hong Liang

Asia Correspondent

Singapore-based Lee Hong Liang provides a significant boost to daily coverage of the Asian shipping markets, as well as bringing with him an in-depth specialist knowledge of the bunkering markets.

Throughout Hong Liang’s 14-year career as a maritime journalist, he has reported ‘live’ news from conferences, conducted one-on-one interviews with top officials, and had the ability to write hard news and featured stories.

 

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