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Cosco Shipyard wins $470m in subsea vessels from Maersk Supply Service

Cosco (Dalian) Shipyard, subsidiary of China’s state-owned Cosco Shipyard Group, has secured a contract valued at over $470m to build four subsea supply vessels for Maersk Supply Service, part of the AP Moller-Maersk Group.

Lee Hong Liang, Asia Correspondent

August 13, 2014

1 Min Read

Kalyakan - stock.adobe.com

The contract comes with an option for Maersk Supply Service to build an additional two subsea supply vessels.

The newbuildings are slated for delivery in the fourth quarter of 2016 and the first half of 2017.

The latest order by Maersk Supply Service is part of an extensive newbuilding programme that would see the company reshaping its fleet to focus primarily on AHTS vessels and subsea support vessels

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.

See more from Lee Hong Liang

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