Cosco Corporation (Singapore) Limited (the Company) announced that Cosco (Guangdong) Shipyard Co., Ltd. (Cosco Guangdong), a subsidiary of the Company’s 51 percent owned Cosco Shipyard Group Co., Ltd, has delivered a Self-erecting Drilling Tender Barge, to Singapore-based Energy Drilling Pte Ltd.
The delivery documents were signed by and between Cosco Guangdong and the buyer recently.
The tender barge has a working depth of 6,561 feet (2,000 meters) and a drilling depth of 20,000 feet.
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