China: COSCO Shipyards Deliver Two Bulkers

The Board of Directors of COSCO Corporation (Singapore) Limited announced yesterday that subsidiaries of the Company’s 51% owned COSCO Shipyard Group Co., Ltd have made two deliveries.

All the delivery documents were signed by and between the COSCO shipyards and the respective buyers in August 2012.

1. COSCO (Dalian) Shipyard Co., Ltd has delivered one bulk carrier of 92.500 DWT, “SIBERIA EXPRESS”, to its European buyer. The bulk carrier measures 229.165 meters in LOA (length of all), 38.01 meters in breadth and 20.7 meters in depth.

2. COSCO (Guangdong) Shipyard Co., Ltd has delivered one bulk carrier of 35.000 DWT, “MARINE PRINCE”, to its Asian buyer. The vessel measures 179.99 meters in LOA (length of all), 30 meters in breadth and 14.7 meters in depth.

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Source: COSCO, August 22, 2012; Image: COSCO