Wednesday, May 2, 2012

Reuters: Financial Services and Real Estate: COSCO Singapore wins semi-sub deal worth over $200 mln

Reuters: Financial Services and Real Estate
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COSCO Singapore wins semi-sub deal worth over $200 mln
May 2nd 2012, 09:21

SINGAPORE | Wed May 2, 2012 5:21am EDT

SINGAPORE May 2 (Reuters) - Cosco Corp Singapore Ltd said on Wednesday it had secured a contract worth more than $200 million from COTEMAR S.A. De C.V. to build a semi-submersible accommodation vessel.

The vessel is scheduled for delivery in 30 months, COSCO said in a statement.

COTEMAR is incorporated in Mexico. (Reporting by Eveline Danubrata; Editing by Kevin Lim)

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