Independent journal on economy and transport policy
07:08 GMT+2
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American SEACOR Marine has constituted joint venture with Chinese group COSCO Shipping
Ordered eight PSV to yard COSCO Shipping Heavy Industry (Guangdong)
January 18, 2018
American SEACOR Marine, than work a fleet to service of the industry of the oil and the gas, has constituted joint venture with branches of shipowning group Chinese COSCO Shipping. The new society, that it has center in the Marshall Islands and is called Offshore SEACOSCO, has undersigned contracted of the total value of 161,1 million dollars in order to acquire eight new Platform Supply Vessel (PSV) planned by Rolls-Royce that are under construction near ship yard COSCO Shipping Heavy Industry (Guangdong) Co. that it will deliver seven in the course of this year and in 2019. However the ships immediately will not be used by joint venture, but they will be left in the yard for a period of the duration until 18 months.
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