COSCO inks contracts to build 66 ships

Dec 2, 2000
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From China View:
quote:

BOAO, Hainan Province, April 21 (Xinhua) -- COSCO Group, China's leading shipping and logistics service provider, inked here on Saturday contracts with four domestic shipyards to build 66 ships.

Zhang Fusheng, a COSCO spokesman, did not disclose the total value of these shipbuilding contracts but said they summed up to a record amount for the shipping giant.
Story at http://news.xinhuanet.com/english/2007-04/22/content_6009222.htm
 
Dec 2, 2000
58,584
376
283
Easley South Carolina
From The COSCO Website:

Cosco orders 20 container ships worth $2b
quote:

JIANGSU New Yangzi Shipbuilding, a unit of China shipbuilder Yangzijiang Shipbuilding Holdings, has signed a deal to build 20 container ships for Cosco Container Lines worth US$1.36 billion (S$2 billion).

Cosco is one of China's leading diversified services companies, focusing largely on shipping and logistics.

The deal caps a stellar year for Yangzijiang. Its initial public offering (IPO) in April was the year's largest on the Singapore Exchange (SGX) at close to $1 billion.
Full story at http://ir.asiaone.com/cosco/membercoStory.html?storyId=10921ce851ff6110VgnVCM100000bd0a0a0aRCRD