Greater China

CSBC in negotiations for six semi-submersible vessels

Taipei: Taiwan’s major shipbuilder CSBC Corporation is currently in negotiations with Norwegian owner FALCON Group for the construction of four 65,000dwt semi-submersible vessels plus two options. Total value of the contracts is expected to exceed $600m.

The construction of the first four vessels will start in the first quarter of 2016 and delivery is scheduled in the first quarter of 2017.
It will be the second time that FALCON has ordered at CSBC after it ordered two 56,500dwt semi-submersible vessels at the shipyard 15 years ago.

CSBC said the two parties are in the final stage of negotiations and the shipbuilding contracts are expected to be signed in the third quarter of this year. [07/07/14]

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