COSCO Corporation announced that its 51%-owned COSCO Shipyard Group
(“CSG”) had signed an investment agreement with Jiangsu Qidong Municipal
Government (Nantong, Jiangsu Province) for the expansion of the offshore
construction base of COSCO (Nantong) Shipyard Co. Ltd (“COSCO
Nantong”), CSG’s subsidiary. The new yard is located at the entrance of
Yangtze River and covers an area of 2 million square meters along 2km of
coastline. It will focus on offshore projects including the construction of oil &
gas related equipments such as semi-submersible rig, jack-up rig and other
floaters.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment