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Home›News›Cosco clinches three contracts worth S$123m
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August 4, 2006 · about 20 years ago

Cosco clinches three contracts worth S$123m

Mainboard-listed shipping and offshore marine firm Cosco Corp has secured three new contracts worth nearly US$75 million US dollars, or about S$123 million. One contract is to build a floating storage and offloading unit, which marks Cosco’s entry into the lucrative offshore engineering market. The

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Mainboard-listed shipping and offshore marine firm Cosco Corp has secured three new contracts worth nearly US$75 million US dollars, or about S$123 million.

One contract is to build a floating storage and offloading unit, which marks Cosco’s entry into the lucrative offshore engineering market.

The 52,000 dead weight tonne (dwt) floating and offloading unit, a supporting storage facility of an oil rig, will be built at Cosco Zhoushan Shipyard in January next year.

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