Cosco orders heavylift vessel at GSI

Cosco orders heavylift vessel at GSI

Cosco Shipping Specialized Carriers, the multipurpose shipping unit of Cosco, has placed an order at CSSC’s Guangzhou Shipyard International for the construction of a semi-submersible heavylift ship.

Cosco will pay $91.88m for the 50,000 dwt ship, which will expand its semi-submersible heavylift vessel fleet to eight vessels.

The ship will be used to transport modules for a natural gas project in North America upon delivery in 2021.

Cosco said it is looking to further expand its semi-submersible heavylift vessel fleet in the medium term to meet the demand from both module transport and offshore decommissioning projects.

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.

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