Tuesday, July 13, 2010

Cosco

Cosco: 51% owned subsidiary, Cosco Shipyard secured a US$130m contract with an European shipowner to build a vessel specially designed for installation of offshore wind turbines. The jack up vessel will be able to carry up to 8-10 turbines at a time to operate at water depths of up to 45m. Delivery to take place in 2H12.

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