Brief: COSCO Corporation updates on construction contract for one unit jackup drilling rig

COSCO Shipping International (SINGAPORE)

06/01/2017 09:15

Jan 6 (Reuters) - COSCO Corporation (Singapore) Limited 
 COSC.SI : 
    * Owner and COSCO Dalian have mutually agreed to extend 
delivery date of rig from 30 march 2017 to 30 march 2018 
    * It is not possible to ascertain financial impact of 
agreement for rescheduling at this point in time 
    * Extension was agreed upon taking into account current 
unfavourable international marine market conditions 
 
Source text for Eikon:  ID:nSN4VnmCt  
Further company coverage:  COSC.SI  
 
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