Both the vessels set for delivery in Q2 2013.
The Board of Directors of COSCO Corporation (Singapore) Limited (the“Company”) is pleased to announce that COSCO (Zhoushan) Shipyard Co. Ltd., a subsidiary of the Company’s 51% owned subsidiary, COSCO Shipyard Group Co. Ltd., has secured a contract valued over USD68 million from an Asian company to build two (2) 82000 dwt dry bulk carriers, according to a Cosco report.
Both the vessels are scheduled for delivery in the second quarter of 2013.
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