COSCO issues update on shipbuilding contract for one 82,000 dwt bulk carrier and new order for two 113,000 dwt oil tankers
COSCO Corporation (Singapore) Limited refers to the сmpany’s announcement on 22 July 2014 in relation to the shipbuilding contract to build two units of 82,000 DWT Bulk Carrier, signed between COSCO (Dalian) Shipyard Co., Ltd and a European company, the company said in its press release.
COSCO Dalian, following the request from the shipowner, has entered into a cancellation agreement to cancel one unit of 82,000 DWT Bulk Carrier (originally scheduled for delivery on 3Q2016). The other one unit of 82,000 DWT Bulk Carrier under the shipbuilding contract, expected to be delivered in 2Q2016, will continue to be built at COSCO Dalian’s shipyard.
COSCO Dalian and the shipowner have entered into a new contract to build two units of 113,000 DWT Oil Tankers. The oil tankers are scheduled for delivery in 4Q2017 and 1Q 2018 respectively. COSCO Dalian and the Shipowner have agreed to keep the contract price confidential.
