China: ASIAN TRIUMPH Departs COSCO Zhoushan Shipyard

The Board of Directors of COSCO Corporation (Singapore) Limited announced that COSCO (Zhoushan) Shipyard Co., Ltd (COSCO Zhoushan), a subsidiary of the Company’s 51% owned COSCO Shipyard Group Co., Ltd, has delivered a bulk carrier of 57000 DWT named ASIAN TRIUMPH to its Asian buyer.

The delivery documents were signed by and between COSCO Zhoushan and the buyer in September 2012.

The bulk carrier measures 189.99 meters in LOA (length of all), 32.26 meters in breadth and 18 meters in depth.

COSCO (Zhoushan) Shipyard is close to the international sea route and navigation hub clusters in Asia and is a newly built shipyard with one DWT 150,000 dock and four piers in service. Importantly, COSCO (Zhoushan) Shipyard is building a very large ship repairing, building and conversion base composing of three docks ranging from DWT 80,000 to 300,000 DWT ( dock capacity: nearly DWT 1,110,000), three piers, 4,500m coastline and 2,000,000 m2 land area.

[mappress]

Shipbuilding Tribune Staff, September 18, 2012