Cosco Zhoushan Seals Deal for Four Platform Supply Vessels

Printer Friendly Version
Email this Page

Cosco Singapore announced Friday that it won a contract to supply four platform supply vessels to a Hong Kong-based ship owner.

The deal, worth $119.2 million, is contracted through the company's subsidiary Cosco Zhoushan. Delivery of the four vessels, which will be built based on Rolls Royce's UT 771 CDL design, will start from the first half of 2014.

The contract includes an option for the ship owner to buy an additional four units - within the next six months - based on the same design. Cosco revealed in its statement that the additional units will also be worth around $119.2 million.
 



Have a news tip? Share it with Rigzone!
Email news@rigzone.com

Printer Friendly Version
Email this Page

WHAT DO YOU THINK?

Post a Comment Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.

Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE

More from this Author
Rigzone Staff
e-mail us at news@rigzone.com
 -  SeaZip Wins Partnership Deal with Heer... (Jun 30)
 -  Technip Wins Topsides Contract with Ju... (Jun 30)
 -  Statoil Submits Amended Development Pl... (Jun 30)
 -  COSL Takes Delivery of Newbuild AHTS f... (Jun 29)
 -  Eni, KazMunayGas Enter Deal to Explore... (Jun 29)


Most Popular Articles

From the Career Center
Jobs that may interest you
Maintenance Manager
Expertise: Maintenance Manager
Location: Belpre, OH
 
HVAC Engineering Project Manager
Expertise: Mechanical Engineering
Location: Houston, TX
 
Business Development Geophysicist - Service Company
Expertise: Mud Logging|Wireline
Location: Houston, TX
 
search for more jobs

Brent Crude Oil : $63.59/BBL 2.54%
Light Crude Oil : $59.47/BBL 1.95%
Natural Gas : $2.83/MMBtu 0.71%
Updated in last 24 hours