Singapore's Cosco says wins $106 mln in new contracts

Cosco Corp. , a ship repair and dry-bulk shipping company controlled by China's biggest shipping firm, said on Wednesday that it had won US$106 million in new conversion contracts.The Singapore-listed company, majority-owned by China Ocean Shipping Co., said in a statement that the work would be carried out in its Chinese shipyards in Dalian, Nantong and Zhoushan