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2015 October 23   17:05

COSCO issues update on building contract for one unit FPSO

The Board of Directors of COSCO Corporation (Singapore) Limited refers to the company’s announcement on 17 December  2012 in relation to the building  contract for one unit FPSO, signed between COSCO (Nantong) Shipyard Co., Ltd, and a European company. 

The shipowner and COSCO Nantong have mutually  agreed to extend the delivery date of the FPSO, originally scheduled for delivery in Q2 2015, until Q1 2017 due to changes in technical requirements from the shipowner.  Construction of the FPSO is on-going. 

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