Semi-sub contract for Cosco Qidong

 

Singapore: Singapore-listed Cosco Corporation, the parent of Cosco Shipyard Group, has announced that its 51% owned Cosco Qidong Offshore has bagged a contract for a harsh environment semi-sub rig
 
Axis Offshore, a joint venture between Danish shipowner, J. Lauritzen and Norwegian private equity fund, HitecVision, is paying $200m for the rig for delivery in Q1 of 2015.  [20/12/12]

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