Cosco bags FPSO conversion deal

Singapore-listed shipbuilding company, Cosco Corp Ltd's subsidiary Cosco Shipyard, has secured a $21.7 million deal to convert an oil tanker to a FPSO vessel. The conversion of the vessel is expected to commence in late Aug 2007 at Cosco's Nantong shipyard in China, with delivery scheduled for mid 2008. Cosco ...

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