Maersk orders four vessels from Cosco

China’s COSCO (Dalian) Shipyard Co., Ltd has secured contracts valued over USD470 million from Maersk Supply Service AS to construct four subsea support vessels.

Maersk Supply Service, a Denmark-based provider of marine services to the global oil and gas industry, has also secured options for two additional subsea support vessels.

The new vessels are expected to be delivered in 4Q2016 and 1H2017 respectively.