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Cosco wins 2 mpre contracts drilling rig from Singapore ownet total of us $ 400 million .
Us $200 million per rog.
Cosco wins so many contracts .
Share price keep Droping . ??
USD380million
2 rig est 177million each - 354million (price slightly improved)
1 64000dwt BC Est - 26million (price in line with previous years orders)
ascend88 ( Date: 14-Nov-2013 21:21) Posted:
| Jackup rigs 2x .. With 2 more option |
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Jackup rigs 2x .. With 2 more option
New Contracts for COSCO Shipyard Group Total of US $380 Millions
Posted on Nov 14th, 2013 with tags asia, china, contracts, COSCO, Group, New, News by topic, shipyard.The Board of Directors of COSCO Corporation (Singapore) Limited announced that COSCO Shipyard Group Ltd have secured contracts totaling over USD380 million to build two jackup drilling rigs and one bulk carrier.COSCO (Dalian) Shipyard Co. Ltd secured contracts from a Bermuda company for two (2) LeTourneau Super 116E jackup drilling rigs, scheduled for delivery in 1H2016 and 2H2016 respectively. The buyer has also secured options for two (2) additional jackup drilling rigs.COSCO (Zhoushan) Shipyard Co. Ltd secured the contract under the first option, cited in the company?s announcement dated 12 Sept 2013, to build one (1) dry bulk carrier of 64,000 dwt for a European buyer has been rendered effective. The bulk carrier is scheduled for delivery in 2H2014.COSCO, November 14, 2013
Cosco Corporation (Singapore) - 5 Shipyards (51% ownership), Dalian, Guangdong, Qidong, Nantong, Zhoushan and about 500 to 600000dwt of Dry Bulk Shipping (Supramax size, each 50000dwt to 60000dwt)
zillion ( Date: 14-Nov-2013 09:46) Posted:
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cosco is one word that many got confused with other 'cosco'. care to spell out what cosco spore owns etc? tkhs. |
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cosco is one word that many got confused with other 'cosco'. care to spell out what cosco spore owns etc? tkhs.
Imagine A Conglomerate who build these Structures and deliver it through out the world a Penny Stock!
Ha Ha Ha Ha
samson ( Date: 14-Nov-2013 00:19) Posted:
COSCO Zhoushan Shipyard built FPSO bow half completed and delivered
Views: 113 Date :2013 -11-13
By the semi-submersible vessel COSCO Shipping " Auspicious mouth" wheel hitch shipment shipping
November 11, COSCO Zhoushan Shipyard for foreign shipowners built FPSO bow half of the B1 segment completed and delivered smoothly fitted semi-submersible vessel COSCO Shipping " Auspicious mouth" after sailing round.
This FPSO bow half of the project is the collaboration within the system of COSCO Shipyard key projects, orders by the Shanghai COSCO, COSCO Zhoushan Shipyard construction. Construction process, Shanghai COSCO Shipyard in the business, technology and other aspects of the strong support given to COSCO Zhoushan Shipyard. COSCO Zhoushan Shipyard careful planning, meticulous organization, and in the production process, quality and safety measures in place, the successful completion of the construction tasks, and to achieve a " million man hours without harm."
This FPSO bow half of the weight of more than 20,550 tons, length 151.3 m, width 54 m, height 31.5 m. COSCO Shipping " Auspicious mouth" wheel bear ocean transport tasks for this project, which is by far the largest volume of the wheel carriage of ultra large pieces. COSCO and COSCO shipping this mode of cooperation, to achieve the complementary advantages, but also give full play to the synergy within the system to better serve our customers worldwide marine products provide a " design, manufacture, delivery, installation," one-stop service .
FPSO bow half of the ship before November 8, COSCO Shipyard party secretary Ma Zhihong boarded the " auspicious mouth" round, on behalf of Wang, general manager of COSCO Shipyard aerospace and team members visited and saluted " Auspicious mouth" round cadres and employees, and " Auspicious mouth" steamboat Long Deng Zhixiong, Political Commissar Zhu Ronghui, chief engineer Mr. Qiu red cordial exchanges, learn more about the " auspicious mouth" round operational management, the shipping plans. Ma Zhihong said the transport FPSO project is the COSCO and COSCO COSCO Shipping thoroughly implement the requirements of the development on the strengthening of synergies, vigorous cooperation, join hands to cope with the severe market-specific expression. COSCO COSCO ship with people to build their own transport of marine products, is very proud of tasks. He asked COSCO Zhoushan Shipyard loading process with good service in the hope that we unite as one, to carry forward the Cosco hard work, and strengthen the country to serve the country's glorious tradition, security, science, successfully completed a good transportation task daunting. (Yen - Red / Man Tin Chun / Chart)http://www.cosco-shipyard.com/newsx.asp?id=5926& type=
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COSCO Zhoushan Shipyard built FPSO bow half completed and delivered
Views: 113 Date :2013 -11-13
By the semi-submersible vessel COSCO Shipping " Auspicious mouth" wheel hitch shipment shipping
November 11, COSCO Zhoushan Shipyard for foreign shipowners built FPSO bow half of the B1 segment completed and delivered smoothly fitted semi-submersible vessel COSCO Shipping " Auspicious mouth" after sailing round.
This FPSO bow half of the project is the collaboration within the system of COSCO Shipyard key projects, orders by the Shanghai COSCO, COSCO Zhoushan Shipyard construction. Construction process, Shanghai COSCO Shipyard in the business, technology and other aspects of the strong support given to COSCO Zhoushan Shipyard. COSCO Zhoushan Shipyard careful planning, meticulous organization, and in the production process, quality and safety measures in place, the successful completion of the construction tasks, and to achieve a " million man hours without harm."
This FPSO bow half of the weight of more than 20,550 tons, length 151.3 m, width 54 m, height 31.5 m. COSCO Shipping " Auspicious mouth" wheel bear ocean transport tasks for this project, which is by far the largest volume of the wheel carriage of ultra large pieces. COSCO and COSCO shipping this mode of cooperation, to achieve the complementary advantages, but also give full play to the synergy within the system to better serve our customers worldwide marine products provide a " design, manufacture, delivery, installation," one-stop service .
FPSO bow half of the ship before November 8, COSCO Shipyard party secretary Ma Zhihong boarded the " auspicious mouth" round, on behalf of Wang, general manager of COSCO Shipyard aerospace and team members visited and saluted " Auspicious mouth" round cadres and employees, and " Auspicious mouth" steamboat Long Deng Zhixiong, Political Commissar Zhu Ronghui, chief engineer Mr. Qiu red cordial exchanges, learn more about the " auspicious mouth" round operational management, the shipping plans. Ma Zhihong said the transport FPSO project is the COSCO and COSCO COSCO Shipping thoroughly implement the requirements of the development on the strengthening of synergies, vigorous cooperation, join hands to cope with the severe market-specific expression. COSCO COSCO ship with people to build their own transport of marine products, is very proud of tasks. He asked COSCO Zhoushan Shipyard loading process with good service in the hope that we unite as one, to carry forward the Cosco hard work, and strengthen the country to serve the country's glorious tradition, security, science, successfully completed a good transportation task daunting. (Yen - Red / Man Tin Chun / Chart)http://www.cosco-shipyard.com/newsx.asp?id=5926& type=
Guangdong COSCO Shipyard launched a boat trials of two ships
Views: 136 Date :2013 -11-12
Guangdong COSCO Shipbuilding within a week to achieve three major nodes - 35,000 tons bulk carrier, PSV launched the first system, the second ship of livestock transport ship successful trials.
November 8th, Guangdong COSCO Shipyard Group for the construction of Turkey's fifth ER 35,000 tons bulk carrier ship was launched successfully, shipowners, ship inspection and related construction project team who witnessed this important moment.
November 10, PSV first ship N492 was launched successfully. COSCO Guangdong ship for the United States Tidewater (TIDE WATER) series built by four PSV shipbuilding marine auxiliary bow, the captain 83.75 meters, width 18 meters, depth 7 m. The water for the first time the use of hydraulic pushers and rail clamp device process method, according to berth, barge over two paragraphs, the maximum to meet the " series build" needs.
November 7, after a four-day sailing trials, Guangdong COSCO Shipyard for the Dutch VROON second ship built by the successful completion of trials task livestock vessels. (Guo Yuhong Executive sub)
http://www.cosco-shipyard.com/newsx.asp?id=5924& type=
TA bearish. Market in a sell down at the moment. Avoid Cosco. 675Cts within reach. Dun sit in the ship and brace the storm now. There are better opportunities else where.Wait till storm over and at peace. Ride again when sky is clear.
Cosco go down until no more floor already LOL
Waiting to pick at 0.68 good number. Shortist did not do a good job.
Year end rebound for next year Durian droppings
This year cherry pickings. LOL
ai ya. u always spread fear. not long ago saw ur rumor regarding tt cosco gg to make big profit in q3. lucky did not listen to u. buy after reading the results. do u know tt spreading rumors is dangerous?
wait4opp ( Date: 12-Nov-2013 11:15) Posted:
Once BBs dump at 71 and 70 will call it a day for COSCO from now till case open in court.
Aviod COSCO with no regret.
cheongsl ( Date: 11-Nov-2013 19:15) Posted:
Today short seller significantly reduce.
|
Total Volume |
Total Short |
% |
| 5-Nov-13 |
1,250,000 |
79,000 |
6.32% |
| 6-Nov-13 |
5,860,000 |
2,101,000 |
35.85% |
| 7-Nov-13 |
1,500,000 |
598,000 |
39.87% |
| 8-Nov-13 |
2,400,000 |
806,000 |
33.58% |
| 11-Nov-13 |
2,340,000 |
47,000 |
2.01% |
|
|
|
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Once BBs dump at 71 and 70 will call it a day for COSCO from now till case open in court.
Aviod COSCO with no regret.
cheongsl ( Date: 11-Nov-2013 19:15) Posted:
Today short seller significantly reduce.
|
Total Volume |
Total Short |
% |
| 5-Nov-13 |
1,250,000 |
79,000 |
6.32% |
| 6-Nov-13 |
5,860,000 |
2,101,000 |
35.85% |
| 7-Nov-13 |
1,500,000 |
598,000 |
39.87% |
| 8-Nov-13 |
2,400,000 |
806,000 |
33.58% |
| 11-Nov-13 |
2,340,000 |
47,000 |
2.01% |
|
|
Cosco did kiss $0.71 after all. Chart was due for a rebound but slipped down further. Vol. not high though. Anybody can explain?
avoid COSCO.
BBs are clearing their stocks at high price now.....
Fear will make retail investors dump with BBs sell off.
looks like the shortists have satisfied mkt dd. it may need someone to buy 5 mil shares to push up cosco
Today short seller significantly reduce.
|
Total Volume |
Total Short |
% |
| 5-Nov-13 |
1,250,000 |
79,000 |
6.32% |
| 6-Nov-13 |
5,860,000 |
2,101,000 |
35.85% |
| 7-Nov-13 |
1,500,000 |
598,000 |
39.87% |
| 8-Nov-13 |
2,400,000 |
806,000 |
33.58% |
| 11-Nov-13 |
2,340,000 |
47,000 |
2.01% |
Minjie resigned * ST Wei Jiafu, COSCO Group is limited to clarify the departure
徐 敏 杰 辞 任 *ST远 洋 集 团 澄 清 魏 家 福 被 限 离 境
Source: China Securities News 2013-11-11 08:53:29
* ST Ocean on the 8th night announcement, company directors Minjie has resigned for personal reasons directorship of the resignation with immediate effect.
Notice that Minjie the 7th survey was confirmed by authorities, and the company has confirmed that its board of directors and the company does not have any disagreement, there are no other matters relating to the resignation need to notify shareholders of the Company.
* ST ocean was released late yesterday announced major issues, the company in November 7, 2013 received the controlling shareholder of China Ocean Shipping (Group) Corporation, notice, Executive Director Minjie are receiving the relevant departments for investigation.
And another concern for the characters - Cosco former chairman Wei Jiafu , November 8 evening, COSCO Group issued a statement on its official website: " On 'former chairman Wei Jiafu has been restricted by authorities to leave' rumors, there is no basis, would like to clarify. "
COSCO Group, as mainland China's largest shipping central level, to shipping, logistics terminals, ship building and repairing the main industry, owns and operates more than 700 merchant ships, more than 400 million tons of cargo, the scale is China second in the world. Group's website refers, currently employs 13.5 million people, including more than 4,600 foreign employees, total assets of more than 3,300 billion yuan in overseas assets and income has exceeded more than half of the total.
The COSCO Group's every move affects many listed companies in the nerves. Group's existing listed companies, including H shares and A shares listed on China COSCO (601,919) and CIMC, the Hong Kong-listed Cosco Pacific (1199), COSCO International, as well as Singapore-listed Cosco investments and in A-share listed COSCO shipping.
ST远 洋 8日 晚 间 发 布 公 告 ， 公 司 董 事 徐 敏 杰 因 个 人 原 因 已 辞 去 董 事 职 务 ， 该 辞 任 即 日 生 效 。
公 告 表 示 ， 徐 敏 杰 7日 被 证 实 被 有 关 部 门 调 查 ， 其 已 确 认 与 公 司 董 事 会 和 公 司 无 任 何 意 见 分 歧 ， 亦 无 其 他 与 辞 任 相 关 的 事 宜 需 要 通 知 公 司 股 东 。
*ST远 洋 曾 于 昨 天 晚 间 发 布 重 大 事 项 公 告 称 ， 公 司 于 2013年 11月 7日 接 到 控 股 股 东 中 国 远 洋 运 输 （ 集 团 ） 总 公 司 通 知 ， 公 司 执 行 董 事 徐 敏 杰 正 接 受 相 关 部 门 调 查 。
而 对 于 另 一 个 备 受 关 注 的 人 物 ??中 远 前 董 事 长 魏 家 福 ， 11月 8日 傍 晚 ， 中 远 集 团 在 其 官 网 发 表 声 明 ： ?关 于 ?前 董 事 长 魏 家 福 已 被 有 关 部 门 限 制 离 境 ?的 传 言 ， 没 有 依 据 ， 特 此 澄 清 。 ?
中 远 集 团 作 为 中 国 内 地 最 大 航 运 央 企 ， 以 航 运 、 物 流 码 头 、 修 造 船 为 主 业 ， 拥 有 和 经 营 700多 艘 商 船 ， 年 货 运 量 超 过 4亿 吨 ， 规 模 属 中 国 第 一 、 世 界 第 二 。 集 团 网 站 指 ， 目 前 员 工 总 数 13.5万 人 ， 其 中 境 外 员 工 4,600多 人 ， 资 产 总 额 超 过 3,300亿 元 人 民 币 ， 海 外 资 产 和 收 入 已 超 过 总 量 的 半 数 以 上 。
而 中 远 集 团 的 一 举 一 动 都 在 牵 动 诸 多 上 市 公 司 的 神 经 。 集 团 旗 下 现 有 多 家 上 市 公 司 ， 包 括 在 H股 和 A股 上 市 的 中 国 远 洋 （ 601919） 和 中 集 集 团 ， 在 香 港 上 市 的 中 远 太 平 洋 （ 1199） 、 中 远 国 际 ， 以 及 在 新 加 坡 上 市 的 中 远 投 资 及 在 A股 上 市 的 中 远 航 运 等 。
See this? If Vard is true, Cosco Singapore will gain significantly too, means,
More offshore orders for Cosco Singapore, Dalian Developer - the largest drillship in the world and one of the most advance 6th Generation Drill ship will be sold
| Vard sees biggest ship orders since 2007 on exploration demand |
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at a better price.
Ai Chai Chai - Cosco Singapore investment - also to deep freeze like what we done for Keppel Corp in 1998.
| Vard sees biggest ship orders since 2007 on exploration demand |
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Vard Holdings, a builder of offshore support vessels, said it will close 2013 with its biggest annual order in six years as oil and gas companies boost spending on energy exploration.
?We?re confident that we?ll be able to secure one or two orders at least? in the coming weeks, Holger Dilling, an executive vice president at Vard, said in a phone interview. ?We are expecting the best order intake since 2007.?
Demand from North Sea, Brazil and West Africa and explorations in new areas such as the Arctic Sea may help boost orders for Vard?s specialised ships, Dilling said. Investment in exploration and production may rise to US$750 billion ($935 billion) next year as companies seek to add reserves and expand output, the IFP Energies Nouvelles policy group said last month.
Vard, based in Alesund, Norway, won contracts worth 11.9 billion kroner ($2.5 billion) in the first nine months, 45% more than a year earlier. That boosted its total orderbook to 19.6 billion kroner with deliveries stretching into 2017. In 2007, the company had received orders worth 15.5 billion kroner.
Shares of Vard were unchanged at $0.845 in Singapore on Nov. 8. The stock has declined 35% this year, compared with a 0.3% gain in the benchmark Straits Times Index.
The company?s third-quarter net income slumped 67% from a year earlier because of increased costs at its two yards in Brazil. Sales dropped to 2.37 billion kroner in the period.
| COSCO, LOI for 6 floatels |
 
Norway's Prosafe has agreed a Letter of Intent (LoI) with COSCO (Qidong) Offshore Co. Ltd. for the Engineering, Procurement and Construction of two semi-submersible accommodation vessels, with options for four further units.
The vessels will be the most advanced and flexible units for worldwide operations excluding Norway, and will be ready for operations in 2016.
The vessels will be of Gusto MSC?s Ocean 500 design and will be equipped with 500 beds, DP3 station keeping systems, 10-point chain mooring and 300 tonne cranes.
The LoI covers two potential contracts, each in excess of USD 200 million. The vessels will be financed through cash flow from operations, existing debt facilities and new debt commitments.
Prosafe is the world's leading owner and operator of semi-submersible accommodation vessels. Operating profit reached USD 222.4 million in 2012 and net profit was USD 177.5 million. The company operates globally, employs 570 people and is headquartered in Larnaca, Cyprus. Prosafe is listed on the Oslo Stock Exchange with ticker code PRS.
Published : November 11, 2013
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