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CSCMY Cosco Shipping International Singapore Company Ltd (PK)

0.4476
-0.0218 (-4.64%)
25 Feb 2025 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Cosco Shipping International Singapore Company Ltd (PK) USOTC:CSCMY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  -0.0218 -4.64% 0.4476 0.4257 0.6104 0.4476 0.4476 0.4476 222 21:01:12

Cosco Corp Unit Signs US$130 Million Deal To Build New Vessel

13/07/2010 1:14am

Dow Jones News


Cosco Shipping Internati... (PK) (USOTC:CSCMY)
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Cosco Corp. (Singapore) Ltd. (F83.SG) Tuesday said its unit has signed a contract valued at over US$130 million with an European ship owner to build a vessel designed for installation of offshore wind turbines.

Cosco Shipyard Group Co. Ltd., a 51% subsidiary of Cosco, is expected to deliver the vessel in the second half of 2012, it said in a statement to the Singapore Exchange, without identifying the customer.

The jack-up vessel will be designed to be able to carry 8 to 10 wind turbines at a time to operate at water depths of up to 45 meters, the statement said.

-By Gaurav Raghuvanshi; Dow Jones Newswires; +65 64154 154; gaurav.raghuvanshi@dowjones.com

 
 

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