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2012 December 18   16:40

Cosco Nantong set to build $370m FPSO

COSCO Nantong Shipyard, a subsidiary of Singapore-listed Cosco Corporation, has won a contract to build a $370m FPSO for an unspecified European company, SinoShipNews reports.

The FPSO will measure 78 min diameter, 32 m high and will have a storage capacity of up to 400,000 barrels of oil. The FPSO is scheduled for delivery in June 2015.

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