COSCO bags deal to build tanker assist vessel for Sentinel Marine

It will be delivered in Q1 2017.

COSCO Corporation reported that its subsidiary will build a Tanker Assist / Emergency Response / Rescue / Field Support Vessel (TAERRV) for UK-based Sentinel Marine.

Under the contract, Sentinel Marine has an option to place order for an additional one TAERRV within six months.

The parties have agreed to keep the contract price confidential. The vessel is expected to be delivered in the first quarter of 2017. 

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