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2014 August 14   10:22

Cosco Corporation secures contract of USD 56 million for two bulk carriers

COSCO (Zhoushan) Shipyard Co., Ltd, a subsidiary of the company’s 51% owned subsidiary, COSCO Shipyard Group Co., Ltd, has secured a contract valued over USD56 million from an Asian buyer to build two 64,000DWT bulk carriers, the company said in its press release. The two vessels are scheduled for delivery in 4Q201 6 and 1Q2017 respectively.

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