Marine Equipment

Double Win for Cosco

Shipyard group Cosco Corp (Singapore) has added two more orders to its backlog in China.

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Shipyard group Cosco Corp (Singapore) has added two more orders to its backlog in China.

The company said its Cosco Dalian yard has won a contract to build a 30,000-dwt cargo and training vessel for delivery in the third quarter of 2015.

This deal is worth more than CNY 325m ($53.29m).

It also announced a deal to build a jack-up rig at Cosco Shipyard Group for an Asian company.

This unit is costing more than $180m.

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