Cosco strikes deal to build vessel worth US$130 mln

The jack-up vessel is expected to be delivered to a European shipowner in the second half of 2012.

COSCO Corporation (Singapore) Limited announced that its 51% owned subsidiary, COSCO Shipyard Group Co., Ltd., has signed a contract valued over US$130 million with a
European shipowner.

The jack-up vessel, especially designed for the purpose of installation of offshore wind turbines, will be designed to carry 8 to 10 wind turbines at a time to operate at water depths of up to 45 meters.

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Vibrant Group wins suit against Blackgold Australia
The group shall be paid damages and fees by Blackgold Australia’s ex-CEO and ex-chairman.
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Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.
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Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley