COSCO wins $26m contract

Its subsidiary COSCO Shipyard Group secured the deal from a South East Asian company to build one semi-submersible barge.

The vessel has a deadweight capacity of 32,000 DWT and is scheduled for delivery in the second quarter of 2012.

The contract is not expected to have a material impact on the net tangible assets and earnings per share of the Company for the year ending 31st December 2011.

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!