PROCUREMENT NEWS

SINGAPORE : Cosco unit secures US$68m contract

Published 04 Nov 2011

Cosco Corporation (Singapore) Limited announced that its 51-per cent owned subsidiary Cosco (Zhoushan) Shipyard Co Ltd has secured a contract valued over US$68 million from an Asian company to build two 82,000 dwt dry bulk carriers.

The vessels are scheduled for delivery in the second quarter of 2013.

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