COSCO Shipyard: Option Contracts for Two PSVs Declared Effective

COSCO Shipyard Group Co., Ltd, announced that two option contracts, awarded to COSCO (Guangdong) Shipyard Co. for the construction of two platform supply vessels have been declared effective.

The option contracts, valued at approximately USD 60 million, were from a Singapore based company.

[mappress]

COSCO Corp., February 18, 2014