China: COSCO Zhoushan Shipyard Delivers Bulk Carrier TRANS HANGZHOU

COSCO (Zhoushan) Shipyard Co. (COSCO Zhoushan), a subsidiary of the Company’s 51% owned COSCO Shipyard Group Co., Ltd, has delivered a bulk carrier of 92.500 DWT, “TRANS HANGZHOU”, to its European buyer.

The delivery documents were signed by and between COSCO Zhoushan and the buyer on April 27th 2012. The bulk carrier measures 229.2 meters in LOA (length of all), 38 meters in breadth and 20.7 meters in depth.

COSCO (ZhouShan) Shipyard is close to the international sea route and navigation hub clusters in Asia, and it 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 DWT 300,000 ( dock capacity: nearly DWT 1,110,000), three piers, 4,500m coastline and 2,000,000 m2 land area.

[mappress]

Shipbuilding Tribune Staff, May 4, 2012