Cosco Shipyard grabs bumper order worth $403m


State-owned Cosco Shipyard Group has clinched a bumper order worth $403.3m comprising of the construction of a jack-up drilling rig and a cargo vessel, and a conversion job.

Cosco (Dalian) Shipyard will build a jack-up drilling rig valued at over $180m for an Asian company, with delivery slated in the third quarter of 2015.

The same yard will also construct a 30,000 dwt cargo and training ship priced at RMB325m ($53.3m) for a Chinese buyer. The ship is scheduled for delivery in the third quarter of 2015.

Cosco (Nantong) Shipyard, meanwhile, secured a $170m job to convert one semi-completed hull to a high end floating accommodation unit. The unit is due to be delivered in 24 months.

Source from : seatrade-global