Cosco wins contracts totaling US$106 million

COSCO Corporation (Singapore) Limited a leading ship repair & marine engineering and shipping group reports, that its 51%-owned subsidiary, COSCO Shipyard Group had secured conversion contracts totaling US$106 million (approximately S$165 million).Contract Value Commencing VLCC Double Hull Conversion US$20 million Feb 2007 6 RORO Vessel Conversions US$38 million Dec 2006 2 Suezmax-size Tanker Double Hull Conversions US$20 million Jan 2007 Repair of badly damaged container vessel US$13million Nov 2006 Container Vessel Conversions US$5 million Dec 2006 2 Oil tanker Conversions US$10million Nov 2006. The projects will be carried out at the Group’s shipyards at Dalian, Nantong and Zhoushan