COSCO Corporation has announced secured contracts for two of its Chinese shipyards.
The first order is for the construction of one floating accommodation unit at COSCO's Qidong shipyard. Delivery for the unit is scheduled for the first quarter of 2017, and the buyer has secured options for five additional units.
The second order is for the construction of a 21,000DWT module carrier for a European company, to be constructed at COSCO's Dalian shipyard. This vessel will be schedules for delivery in the second quarter of 2016.
The total value of the orders is approximately US$230 million.
