Singapore-listed Cosco Corporation disclosed late Monday that its subsidiary – Cosco (Guangdong) Shipyard – has inked a contract with a European ship owner for the construction of platform supply vessels (PSVs).
The contract takes effect Jan.28, and is valued at $54 million.
Under the agreement, which comes with an option for two additional vessels, Cosco is obliged to deliver both of the PSVs by 1Q 2015.
WHAT DO YOU THINK?
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.
Most Popular Articles