Seacosco takes over six resale PSVs from Cosco Shipping Heavy Industry

Seacosco takes over six resale PSVs from Cosco Shipping Heavy Industry

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.

Jason Jiang

Jason worked for a number of logistics firms following his English degree, then switched this hands-on experience to writing and has since become one the most prolific writers on the diverse China logistics industry writing for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week. Jason’s access to the biggest shippers with business in China has proved an invaluable source of exclusives.

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