China Shipyard Wins Twin Panamax Bulker Contract

COSCO Corporation (Singapore) Limited's Zhoushan Shipyard subsidiary has won a contract from an Asian buyer to construct two 64,000 dwt bulk carriers.

The two bulk carriers are scheduled for delivery in the fourth quarter of 2014.

About COSCO
COSCO Corporation (COSCO) offers advanced capabilities in ship building, ship repair and conversion, offshore marine engineering supported by seven major shipyards strategically located along China's coastline. Owned by COSCO Shipyard Group, a subsidiary of COSCO Corporation, these seven modern shipyards are located from Guangdong in the south to Nantong, Zhoushan, Shanghai, Lianyungang, and Qidong along the central coast and Dalian in the north.