Cosco Guangdong Delivers Newbuild PSV 'Vos Paradise' to European Buyer



Cosco Corporation (Singapore) Limited's disclosed Monday that Cosco (Guangdong) Shipyard Co., Ltd. -- a subsidiary of its 51 percent owned Cosco Shipyard Group Co., Ltd., has delivered a platform supply vessel (PSV), “Vos Paradise”, to its European buyer.

"The delivery documents were signed by and between Cosco Guangdong and the buyer recently," Cosco said in a press release.

The newbuild PSV measures 273.88 feet (83.48 meters) in length, 59 feet (18 meters) in breadth and 26.24 feet (8 meters) in depth.

Last month, Cosco reported a net loss of $3.38 million (SGD 4.76 million) for second quarter 2015 (2Q 2015), compared to a net profit of $10.15 million (SGD 14.30 million) in the previous year.



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.

RELATED COMPANIES