COSCO (Dalian) Shipyard Co ., Ltd., a subsidiary of the сompany’s 51% owned subsidiary, COSCO Shipyard Group Co., Ltd., has secured contracts valued over USD470 million excluding owner furnished equipment from Maersk Supply Service AS (“MSS”), part of the A.P. Moller- Maersk Group, to build four subsea supply vessels, the company said in its press release.
MSS has also secured options for two additional subsea supply vessels. The vessels are scheduled for delivery in 4Q2016 and 1H2017 respectively.