Join our crew and become one of the 109,205 members that receive our newsletter.

Cosco Corp. to Build $200 Million Harsh Environment Flotel for Cotemar

Cosco Corp. to Build $200 Million Harsh Environment Flotel for Cotemar

gCaptain
Total Views: 38
May 2, 2012

Singapore-listed COSCO Corp said today that it has contracted to build US$ 200 million harsh-environment semi-submersible flotel for Mexico’s Cotemar S.A.

The contract was approved by Cosco’s Board of Directors and the vessel will be constructed a the Cosco Shipyard in Nantong, a 51%-owned subsidiary of the company’s Cosco Shipyard Group Co. Ltd.

The accommodation vessel will be built to GustoMSC’s Ocean500 design, with the capacity for 750 POB and equipped with a DP3 Dynamic Positioning system.  COSCO says the vessel will operate in the Santos Basin, Gulf of Mexico and in the North Sea and is scheduled for delivery in 30 months.

Tags:

Unlock Exclusive Insights Today!

Join the gCaptain Club for curated content, insider opinions, and vibrant community discussions.

Sign Up
Back to Main
polygon icon polygon icon

Why Join the gCaptain Club?

Access exclusive insights, engage in vibrant discussions, and gain perspectives from our CEO.

Sign Up
close

JOIN OUR CREW

Maritime and offshore news trusted by our 109,205 members delivered daily straight to your inbox.

gCaptain’s full coverage of the maritime shipping industry, including containerships, tankers, dry bulk, LNG, breakbulk and more.