(EnergyAsia, October 23, Friday) — As a sign of the continuing weakeness in the shipbuilding market, Cosco Corporation (Singapore) Limited, a subsidiary of China Ocean Shipping (Group) Company, has deferred instalment payments for a client for the construction of another vessel. Cosco said that its 51%-owned subsidiary, Cosco Nantong, has agreed to accept payment upon…
SINGAPORE: Cosco allows for changes to contract terms for oil vessel
Posted on October 22, 2009 by EnergyAsia