Thursday, October 4, 2012

[Marine] COSCO delivers semi-sub rig

[Marine] COSCO delivers semi-sub rig

The Board of Directors of COSCO Corporation (Singapore) Limited (the "Company") wishes to announce that subsidiaries of the Company’s 51% owned COSCO Shipyard Group Co., Ltd have made the following deliveries:

1. COSCO (Nantong) Shipyard Co., Ltd has delivered its new build deep water semi-submersible drilling rig “ISLAND INNOVATOR” to its Norwegian ship-owner.

2. COSCO (Guangdong) Shipyard Co., Ltd has delivered a bulk carrier of 57,000DWT, "ER MADEN", to its Asian buyer.

All the delivery documents were signed by and between the COSCO shipyards and the respective buyers in September 2012.

The deep water semi-submersible drilling rig measures 104.5 meters in LOA (length of all), 65 meters in breadth and 36.86 meters in depth.

The bulk carrier of 57,000 DWT measures 189.99 meters in LOA (length of all), 32.26 meters in breadth and 18 meters in depth.



Published : October 4, 2012

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