AmericasGreater ChinaOffshore

Seacosco takes over six resale PSVs from Cosco Shipping Heavy Industry

Photo of Jason Jiang Jason JiangMarch 20, 2018
9 Less than a minute

Seacosco Offshore, a joint venture formed by China Cosco Shipping and offshore operator Seacor Marine Holdings, has acquired six resale PSVs at Cosco Shipping Heavy Industry’s Guangdong yard.

The vessels were originally ordered at the yard in 2013 and 2014.

In January, China Cosco Shipping and Seacor Marine entered into the joint venture agreement under which the new company will form an initial fleet of eight PSV newbuildings.

Seacosco Offshore has contracted Rolls-Royce to upgrade the six vessels with battery energy storage systems to reduce fuel consumption.

The joint venture will be responsible for full commercial, operational and technical management of the vessels on a worldwide basis.

Tags
Photo of Jason Jiang Jason JiangMarch 20, 2018
9 Less than a minute
Photo of Jason Jiang

Jason Jiang

Jason is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.
Back to top button