COSCO Scores $470 Mln Subsea Supply Vessel Deal with Maersk

  • Business & Finance

COSCO (Dalian) Shipyard, a subsidiary of COSCO Shipyard Group, has secured contracts valued over USD 470 million from Maersk Supply Service (MSS), part of the A.P. Moller-Maersk Group, to build four subsea supply vessels.

COSCO Scores $470 Mln Subsea Supply Vessel Deal with Maersk

The secured contract comes with an option for Maersk Supply Service to build an additional two subsea supply vessels.

COSCO Scores $470 Mln Subsea Supply Vessel Deal with Maersk

The newbuild vessels are scheduled for delivery in the fourth quarter of 2016 and the first half of 2017.

August 13, 2014

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