Coscocs Confirms 10 VLOCs at Waigaoqiao Shipbuilding

Source:Splash
2016.04.01
1236

Coscocs, the new shipping conglomerate in China merged by Cosco Group and China Shipping Group, has penned shipbuilding contracts with China State Shipbuilding Corporation (CSSC) for the construction of ten 400,000dwt VLOCs.

Under the contract, Coscocs' ore shipping arm China Ore Shipping will order the ten vessels at CSSC-affiliated Shanghai Waigaoqiao Shipbuilding.

The new order follows a 27-year COA deal signed by Coscocs and Vale on March 18.

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