COSCO Dalian Builds LNG Vessel for a Chinese Owner

The Board of Directors of COSCO Corporation (Singapore) Limited today announced that COSCO (Dalian) Shipyard Co . Ltd., a subsidiary of the Company’s 51% owned subsidiary, COSCO Shipyard Group Co. Ltd., has secured a contract valued over RMB500 million (approx $81.5 Mln) from a Chinese ship owner to build one 28,000 CBM LNG Vessel.

The vessel is scheduled for delivery in the first quarter of 2015.

COSCO (Dalian) Shipyard is the largest shipyard in COSCO Shipyard Group so far. By the existing facilities the shipyard can undertake more than 200 large-size ocean vessels’ repair and conversion annually and is the main base for shipbuilding, ship repair, conversion and offshore marine engineering manufacture in North-East Asia. It has one world’s biggest DWT 300,000 floating dock, one DWT 180,000 dock, one DWT 80,000 dock and nine repair berths including DWT 300,000 wharf and 10,000t slipway.

[mappress]
Shipbuilding Tribune Staff, May 21, 2013