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27-Nov-2013 10:23	COSCO SHP SG / CoscoCorp Go to Message
x 0 x 0	CONTRACTS FOR TWO (2) ADVANCED SEMI-SUBMERSIBLE ACCOMMODATION VESSELS DECLARED EFFECTIVE Our announcement dated 8 November 2013 refers. The Board of Directors of COSCO Corporation (Singapore) Limited (the ?Company?) wishes to announce that contracts each in excess of USD200 million, awarded to COSCO (Qidong) Offshore Co., Ltd., a subsidiary of the Company?s 51% owned subsidiary, COSCO Shipyard Group Co., Ltd. for the engineering, procurement and construction of two (2) semi-submersible accommodation vessels have been declared effective. The vessels will be of Gusto MSC Ocean 500 design and will be equipped with 500 beds, DP3 station keeping systems, 10-point chain mooring and 300 ton cranes. This will allow for operations in both DP and anchored mode, providing maximum cost efficiency and flexibility. The vessels Safe Notos and Safe Eurus are scheduled for delivery in 2016. Save for their respective shareholdings in the Company, none of the directors or controlling shareholders of the Company has any interest, direct or indirect in the contracts. Barring any unforeseen circumstances, the contracts are not expected to have a material impact on the net tangible assets and earnings per share of the Company for the year ending 31 December 2013. By Order of the Board Wu Zi Heng Vice Chairman and President 25 November 2013
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27-Nov-2013 10:09	COSCO SHP SG / CoscoCorp Go to Message
x 0 x 0	COSCO Zhoushan Shipyard was rated AA Customs enterprises 2013-11-26 08:08:34 Source: International Ship Network Recently, under the guidance of Zhoushan helping customs, COSCO Zhoushan Shipyard ( location Comments News Jobs ) Engineering Co. was named Class AA Customs Management Enterprise, became the first Class AA Zhoushan shipbuilding enterprises. " The international economic situation of these years of our shipbuilding business a great impact on the current assessment of the customs Class AA enterprises can enjoy a range of customs facilitation, let's hope we see a rally in the face of adversity." COSCO Shipyard Yao Fei, deputy general manager said. COSCO Shipyard where the company is located in southern Liuheng Zhoushan Islands, the current bridge yet to be connected with the Zhoushan Island, and from still rely on boats. According to the degree of credit companies, COSCO Shipyard applied for a Class AA management companies. According to reports, in accordance with our corporate compliance with customs laws and regulations, operation and management, as well as customs supervision, statistical records, etc., set the AA, A, B, C, D five management categories. Which, AA class enterprise is the highest credit rating, the selection is also the most stringent. A business only if they meet the applicable class more than 1 year, the error rate of the previous year, import and export declarations below 3% or less, no bad records and other conditions, it may apply to the customs, the customs inspectors verified by approved by the General Administration of Customs in order to obtain the AA class enterprise qualification. After becoming the customs Class AA enterprises engaged in processing trade business can enjoy free to open a bank deposit account, the priority for the goods declaration, inspection and clearance procedures for import and export of goods classified priority and laboratory procedures and other convenient regulatory approach. " AA class enterprise selection, involving many aspects of internal control management, trade security situation and so on, for the first time declared eligible, companies often do not have the experience." Zhoushan customs inspection section chief Chen said, " 'COSCO' had to Customs for participating when you know nothing about, and we set up a business liaison, ready for the enterprise to solve the problem. Help enterprises solve their practical difficulties has been the aim of Zhoushan customs work. In addition to great efforts to cultivate high-credit enterprises, but also with local customs Zhoushan shipbuilding, offshore fishing and fish processing and other pillar industries of production and operation, and timely understanding of business needs, the initiative to provide policy analysis, to help businesses use of state policies. Currently Zhoushan customs territory enterprises have developed two AA, A class business 65, 20 percent possession of the actual number of import and export business enterprise.
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25-Nov-2013 12:01	COSCO SHP SG / CoscoCorp Go to Message
x 0 x 0	Cosco News contract wins Scorpio custom-made 8 64000DWT bulk carriers ( cosco Guangdong win 4 ) 2013-11-25 08:56:20 Source: International Ship Network According to foreign media reports, Scorpio Bulkers continue Dingzao ultramax type bulk carrier ( ship shipyard trading ), recently with the Korea Ship ( Location Reviews News ) Heavy Industries and COSCO Guangdong signed a four 64000DWT each bulk carrier construction contracts. About 64000DWT bulk carrier newbuilding prices Scorpio Bulkers not disclosed, sources said the new vessels will be delivered end of 2015 and early 2016. Including the order, including, Scorpio Bulkers ultramax of new bulk carriers to reach 34. In addition, the company also has 10 kamsarmax bulk carriers of new orders.
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21-Nov-2013 15:33	YZJ Shipbldg SGD / Ya gzijiang N Cosco Go to Message
x 0 x 0	By first half of next year or the outbreak of new ship orders 2013-11-21 07:38:00 Source: International Ship Web Korea Daishin Securities analyst outlook, with European, U.S. and Chinese economic recovery is expected to drive the ship price rise, the first half of 2014, LNG vessels, drilling vessels ( ship yard sale ) as well as traditional merchant order will focus on the outbreak in the first half of 2014 . Clarkson Newbuilding price index in July this year after the end since 2011 (142 points) for 24 months, the downward trend began accelerating upward trend is expected to Clarkson Newbuilding price index does not appear before the first half of 2014 decreased signs . Ship price will end up losing money orders in the first half of this year the trend. Judging from the ship, bulk carrier ( ship yard sale ) shipping price will be significantly increased, tanker ( ship yard sale ) and container ships ( ship yard sale ) boat price rise is limited. The analyst outlook for the first half of 2014 will significantly increase LNG ship orders, is expected to tender LNG ship orders up to 94, of which Russia is 24, Japan 31, as 39 other countries and regions. Korean shipyards are expected to get one of those 39, more than Japan, Russia and other countries Shipyard less 15. In addition, since the first half of 2014 focused on LNG carriers ordered by 2016 and delivered the second half of 2017, is expected to LNG ship newbuilding prices will rise. The analyst expects the first half of 2014, including drilling rigs, semi-submersible drilling platform ( ship yard sale ) and jack-up rigs, including marine equipment orders will grow substantially. Since there is no sign the charter contract speculative rigs and drilling platforms orders declined sharply in 2011, speculative orders have been digested by the market, but the 2014 annual drilling rigs and drilling platforms orders compared to the 2011 peak still down.
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21-Nov-2013 15:22	YZJ Shipbldg SGD / Ya gzijiang N Cosco Go to Message
x 0 x 0	Yangziyang shipping industry for two 82000DWT bulk orders 21/11/2013 International Ship network Recently, Klaveness and Tufton together in Yangziyang shipping industry ( Location Reviews News ) custom-made 2 82000DWT bulk carrier ( ship yard sale ), the contract also contains options for orders, which is the second time in Klaveness Yangziyang shipping industry custom-made Kamsarmax bulk carriers. Klaveness custom-made two vessels the first one is as a buyer purchasing from Tufton Oceanic, Klaveness and Tufton Oceanic will co-operate two vessels. Through this transaction, Klaveness order to obtain additional options to reduce the potential cost of delivery.
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18-Nov-2013 13:34	YZJ Shipbldg SGD / Ya gzijiang N Cosco Go to Message
x 0 x 0	Cosco chief seeks sector survival, an end to cut-throat rate wars Nov 18, 2013 COSCO chairman Ma Zehua appealed for cooperation between different sectors of the shipping industry and called for an end to cut-throat competition to survive the longest and most severe crisis shipping has ever known, Xinhua reports. Mr Ma made the statement at a shipping conference and said no company was immune to growing market perils of our times. Song Jiahui, an officer in charge of safety from the Ministry of Transport said the biggest problem the shipping industry is facing now is overcapacity, which has brought the whole industry to a situation of life or death. Mr Ma said the world's container fleet capacity is 1.69 billion TEU, which is 268 per cent that of 10 years ago. Bulk fleet capacity is 707 million tonnes, 237 per cent of 10 years ago. Oil tanker capacity is 503 million tonnes, 167 per cent of a decade ago. The current low shipbuilding price is also luring impulse to build new vessels. In September, new ship orders surged 165 per cent year on year. Mr Song pointed out that the world's container fleet is facing an excess rate of 25.9 per cent and oil tankers 14.7 per cent. Dry bulk fleet's is 26.6 per cent. This already the fifth year of the downturn, the world's economy has fallen to the bottom and is in a period of restructure, which will hinder the recovery of the market, said Mr Ma. To help the struggling shipping industry, the Ministry of Transport introduced a number of measures covering capacity control, restructuring, strengthening administration, easing burdens and improving service quality. Meanwhile, China has created plans to accelerate development of river transportation. By 2020, an efficient, safe and green river transport network will be built up to provide business opportunities for the shipping industry. Besides, the newly set up Shanghai Free Trade Zone will also bring opportunities for the industry. Mr Song said the Ministry of Transport is seeking an innovated and internationally competitive system for the operation and development of the shipping industry with the Shanghai government. China will also improve its market administration mechanism to secure fair competition. The Ministry of Transport introduced a new policy requiring carriers to report their exact price to dampen prevent rate fluctuation.
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18-Nov-2013 12:22	YZJ Shipbldg SGD / Ya gzijiang N Cosco Go to Message
x 0 x 0	China's shipbuilding industry into the " depth adjustment period" Published :2013 -11-18 9:49:22 Source: International Ship Network In the international financial crisis, more than five years on the occasion, some sectors have been showing signs of momentum, but affected by the crisis two years of shipbuilding industry is still lagging depth adjustment. Completion country accounts for 1/3 of the global 1/10 shipbuilding first province of Jiangsu, adjusting progress? Recently, I starting from Nanjing along the Yangziyang and the lower number of shipyards in-depth field investigations. Ship industry faces " Pareto's Law" " The recent increase in new orders, appropriate arrangements to ensure the timely delivery of overtime." Nantong COSCO Shipyard, deputy general manager Wang Zhifeng while preparing the next day's meeting materials, while the author describes the situation of the enterprise, " Nantong, and two bases under construction in Qidong There are 14 marine engineering projects. " As the strongest marine equipment construction companies, Nantong COSCO Shipyard will be nearly 50 percent of large-scale marine equipment orders " in the bag" , the existing order to meet the company in 2015 before the first half, " something to eat" next year is expected to exceed 10 billion yuan output value. According to Jiangsu Provincial Commission by letter statistics show that the first three quarters of this year, Jiangsu new orders 11,296,000 dwt, up 222.8 percent, of which 13 key shipbuilding enterprises accounted for 89.9% of total new orders. " At present we can receive orders ship enterprises have three categories, one a bank support, the strength of the central enterprises, the second is a managed, the cost advantage of private enterprises and the third is that the injury is not serious since the period of time it can hold shipping enterprises. " Yangziyang shipping industry Analysis Group Chairman Ren Yuanlin, new orders to the advantage of corporate gathering momentum Obviously, the shipping industry is emerging" Pareto's Law " - 20% of 80% of the orders Enterprises eating. Hard skills get through " hard" Some experts believe that the reform and opening up China truly competitive export products, shipping to count one, there has been no anti-dumping, intellectual property disputes and other trade barriers. Shipbuilding is skilled labor, capital and technology-intensive industries, China is more than other developing countries development advantages, the future transfer to China has become inevitable. " As long as the sea quit, you need shipping, shipbuilding people have the opportunity. Jiangsu unique geographical advantages, such a high-end industrial development no reason not to." Recently, many economic work forum, Jiangsu Province, the main leaders behind shipbuilding. Despite the rebound in orders, but profits fell a lot more than the highest point, when, out of the lowest-thin profit of " hard" ? Many shipping enterprises responsible person predicted a " schedule" : 2015. " Judgments based on 3:00, one tariff, boat price has bottomed out, with the capacity optimization and integration, ship prices will rise Second, the global economy showed signs of recovery, increased domestic demand updating of old ships Third, new orders prices rebounded in 2015 began to focus on delivery. " Zhenjiang Shipyard chairman Guo Yan, analysts say, when corporate profits are expected to rise to a reasonable level. Get through the " hard" is not their teeth, get with the internal strength to speak. Shipbuilding industry in the country, the Yangtze River is one so that " private envy, the central enterprises to admire" business, the profits of the last two years the country accounted for 80 priority shipping enterprises total profit of 50%. Why such a disparity? Ren Yuanlin revealed three seemingly simple but actually need to spend much energy to do " secret" : business strategy properly, to ensure high-priced boats " zero cancellation" internal controls in place to eliminate causes of delay due to production delivery of the ship new product development one step faster and easier to get the order, stability, boat price. " International financial crisis has just occurred, we start the new R & D firm. 2,010 years ago, 10,000 TEU container ship was Korea monopoly, in 2011 successfully developed Yangtze River's new ship, the same carrying capacity but the unit fuel consumption and carbon emissions are low 20% of South Korea's shipbuilding industry is a huge shock. " Ren Yuanlin introduction, the Yangtze River in the world 10,000 TEU container ship market share increased gradually become an important source of corporate profits. Integration of resources to prevent risks To remind the industry, shipping enterprises should change their attitude and prevent a good financial and technical risks, do not rush orders will no bottom line to reduce the proportion of shipowners advance, 20% down payment " red line" should be brought under control. Meanwhile, careful transition to the marine engineering equipment, to avoid blind development. Otherwise, the most difficult, but not drained easily capsize recovery. " The new ship orders to the advantage of corporate concentration is inevitable market competition." Jiangsu Branch of China Classification Society Fan Qiang, general manager, said every industry has experienced from the " Hundred Flowers" to " Warring States disputes" and finally to " Three Kingdoms" development trajectory , Chinese shipping enterprises have six top 10 in Jiangsu, should seize the current opportunity to integrate the lowest cost, while promoting their own development resources to revitalize the industry stocks. Zhenjiang Shipyard is the leader in the field of special ship, its leading product versatile full swing tugboat market share first in the country, the newly developed marine platform support vessels also gradually open the international market. " Existing plant already overloaded production, modest expansion to meet demand." Guo Yan said, is looking at near a medium-sized shipyards, full use of its berth, dock and other resources. COSCO Shipyard is aimed at overseas, planning the transfer batch production capacity. " This is a ship repair COSCO Shipyard started in 2006 repairing contributed 88% of the value of the company, can only contribute 3 percent this year, the remainder by the marine equipment supply." Wang Zhifeng said that in recent years, a substantial increase in the proportion of domestic new ship, ship repair business downturn, excess capacity can only be transferred to overseas, such as the Gulf of Mexico, West Coast, etc. There are many fields but the lack of maintenance of offshore platforms and outstanding enterprises, this is a great opportunity. Seize the " adjustment" initiative Despite the rebound in orders, but profits fell a lot more than the highest point. For the shipbuilding industry, the " hard" continues. But the day was tough, hope still in. As awareness of the shipbuilding industry in Jiangsu Province: " As long as the sea quit, you need shipping, shipbuilding people have the opportunity." Then, " austerity" how too? Waiting market, and policy support or expect? Front in the brutal competition in the market, no less than some hard work, really work, these companies are also favorable factors is difficult to translate into tangible results. Therefore, only the shipping enterprises to take the initiative to the " hard" seize the opportunity, over the more prosperous days. Unswervingly promote the transformation and upgrading, so that " no one I have, I have excellent" , it is a way to seize the initiative. Specifically, shipbuilding enterprises must first change the past in order to follow the development of the main ways the initiative in-depth understanding shipowners demand, ahead of the development trend of the world's leading ship, to " people I have" embarked. Second, make good use of every aspect of every process, every intermediate products, " quality" , in order to attract high-quality product orders.
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18-Nov-2013 11:37	YZJ Shipbldg SGD / Ya gzijiang N Cosco Go to Message
x 0 x 0	中国造船业步入 ?深度调整期 ? 在国际金融危机发生 5年多之际，部分行业已出现复苏势头，但受危机影响滞后两年的造船业仍在深度调整。完工量占全国 1/3、全球 1/10的造船第一省江苏，调整进展如何 ?近日，笔者从南京出发沿江而下深入多家船厂实地调查。船舶业出现 ?二八定律 ? ?最近新接订单增多，适当安排加班才能保证按时交付。 ?南通中远船务公司副总经理王志峰一边准备次日的会议材料，一边向笔者介绍企业情况， ?南通和启东两大基地在建的海工项目有 14个。 ? 作为国内实力最强的海工装备建造企业，南通中远船务将全国近 50%的大型海工装备订单 ?收入囊中 ?，现有订单能满足公司 2015年上半年前 ?有饭吃 ?，明年产值有望突破 100亿元。据江苏省经信委统计数据显示，今年前三季度，江苏新接订单 1129.6万载重吨，同比增长 222.8%，其中 13家重点船企占到新订单总量的 89.9%。 ?目前能接到订单的船企有 3类，一是有银行支持、实力雄厚的央企，二是有管理、成本优势的民企，三是自认为受伤不严重还能撑一段时间的船企。 ?扬子江船业集团董事长任元林分析，新订单向优势企业集聚的态势很明显，船舶业正在出现 ?二八定律 ???20%的企业吃下 80%的订单。苦练内功熬过 ?紧日子 ? 有专家分析认为，改革开放以来中国真正有竞争力的出口产品中，船舶要算一个，至今没有遭遇反倾销、知识产权纠纷等贸易壁垒。造船是熟练劳动力、资金、技术密集型的产业，中国比其他发展中国家更具发展优势，未来向中国转移已成必然。 ?只要大海不干，就需要航运，就有造船人机会。江苏区位优势独特，这样一个高端产业没理由不好好发展。 ?近期多个经济工作座谈会上，江苏省主要领导力挺造船业。尽管订单回升，但利润比最高点时回落不少，何时走出价低利薄的 ?紧日子 ??多位船企负责人预测出 ?时间表 ?： 2015年前后。 ?基于 3点判断，一是运价、船价已跌至谷底，随着产能优化整合，船价将回升二是全球经济出现复苏迹象，国内老旧船舶更新增加需求三是新接订单价格有所回升， 2015年开始集中交付。 ?镇江船厂董事长郭琰分析说，届时企业利润有望回升到合理水平。熬过 ?紧日子 ?不是硬撑，得凭内功说话。在全国造船业，扬子江是一家让 ?民企羡慕、央企佩服 ?的企业，最近两年的利润占到全国 80家重点船企利润总和的 50%。何以如此悬殊 ?任元林透露三个看似简单实则需花大精力才能做到的 ?秘诀 ?：经营策略得当，保证高价船 ?零撤单 ? 内部管控到位，杜绝因生产原因造成的延期交船新产品研发快人一步，更容易得到订单、稳定船价。 ?国际金融危机刚发生时，我们果断启动新品研发。 2010年前 1万标箱集装箱船被韩国垄断， 2011年扬子江的新船型研发成功，同样运载量但单位耗油量、碳排放量均低 20%，对韩国造船业是巨大震动。 ?任元林介绍，扬子江在全球 1万标箱集装箱船市场的份额逐步提升，成为企业利润的重要来源。整合资源防范风险业内人士提醒，船企要调整好心态，防范好金融和技术风险，千万不能为了抢订单就无底线地降低船东预付款比例， 20%的首付比例 ?红线 ?应控制住。同时，谨慎向海洋工程装备转型，避免盲目发展。否则，在最困难时没倒掉却容易在复苏时翻船。 ?新船订单向优势企业集聚是市场竞争的必然。 ?中国船级社江苏分社总经理范强表示，每个行业都会经历从 ?百花齐放 ?向 ?战国纷争 ?最后到 ?三国鼎立 ?的发展轨迹，中国船企前 10强有 6个在江苏，应抓住当前整合成本最低的契机，推动自身发展的同时盘活行业存量资源。镇江船厂是国内特种船领域的佼佼者，其主导产品多功能全回转拖轮的市场占有率全国第一，新开发的海工平台辅助船也逐渐打开国际市场。 ?现有厂区已超负荷生产，适度扩产才能满足需求。 ?郭琰透露，正在考察附近一家中型船厂，充分利用其船台、船坞等资源。中远船务则瞄准海外，谋划转移一批产能。 ?中远船务本是修船起家， 2006年修船贡献了公司 88%的产值，今年只能贡献 3%，其余由海工装备供应。 ?王志峰表示，近几年国内新船比重大幅提高，修船业务急转直下，过剩的产能只能向海外转移，比如墨西哥湾、西非海岸等有很多油田但缺少维修海洋平台的优秀企业，这是一大契机。抓住 ?调整 ?主动权尽管订单回升，但利润比最高点时回落不少。对于造船业来说， ?紧日子 ?仍在继续。但日子虽苦，希望犹在。正如江苏省对造船业的认识： ?只要大海不干，就需要航运，就有造船人机会。 ? 那么， ?紧日子 ?怎么过 ?坐等市场回暖，或期待政策扶植 ?在残酷的市场竞争面前，不下一番苦功夫、真功夫，企业也很难将上述有利因素化为实际成果。因此，船企只有掌握了主动权，才能在 ?紧日子 ?中抓住机遇，把日子越过越红火。坚定不移地推进转型升级，做到 ?人无我有，人有我优 ?，正是掌握主动权的方式。具体来说，造船企业首先须改变过去以跟随为主的研发方式，主动深入地了解船东需求，超前开发引领世界潮流的船型，向 ?人无我有 ?进发。其次要把好每一个环节、每一道工序、每一个中间产品的 ?质量关 ?，这样才能以优质产品吸引优质订单。
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17-Nov-2013 14:10	COSCO SHP SG / CoscoCorp Go to Message
x 0 x 0	COSCO Shipyard: further development of marine Source: China Ship Online 2013-11-15 14:14:33 2013, COSCO Shipyard tightly around the " order is the last word, is hard power delivery, cost competitiveness, innovation is the source of power," the guidelines, give full play to the existing marine engineering R & D and manufacturing advantages, increase scientific and technological research and development efforts to enhance the management level, to ensure that production schedule and product quality, whether it is the total production or total orders, have achieved steady growth. According to statistics, the first three quarters of 2013, COSCO Shipyard achieve marine construction / modification company output value accounted for 2/3, orders totaled more than the same period of 2012. Breakthrough technology support market Although the marine market to achieve a " one step ahead" , but COSCO Shipyard clearly recognize that, " one step ahead" easy, " steady first step." harder. Face tough competition in the market situation, the COSCO Shipyard will consolidate and enhance the marine equipment in the field of first-mover advantage as an urgent matter, give full play to advantages of a national marine research center and carry out design and development work to improve design efficiency and quality, promote the production and efficiency, and support marketing. Product diversification to meet the design requirements, based on the optimization of competitive products, and actively seek market share of existing products. In the strong scientific and technological support, in 2013, not only in marine equipment traditional business to achieve a breakthrough, to undertake a semi-submersible rigs OCEAN500, Super116E jack-up drilling platforms, offshore support vessels constructed orders, two Sevan300-490 cylindrical marine life platform modification orders, series marine module construction orders, but also through the development of new products in the market competition, received a dual-fuel powered small LNG carrier orders in the development of energy-saving environmental protection has taken a new ship important step forward. June 18, Nantong COSCO Shipyard partners - Norwegian Shipowners will two " SEVAN 300" cylindrical semi-submersible offshore platform life refit tasks Nantong COSCO Shipyard formal payment. " SEVAN 300" was originally cylindrical FPSO semi semi-submersible, according to the contract, Nantong COSCO Shipyard will transform it into a cylinder-type semi-submersible offshore rigs, which will be the world's first semi-submersible cylindrical marine life platform. " SEVAN" series of drilling platforms and rigs, construction started early this year, coupled with a cylindrical FPSO " Dana" project, a cylindrical marine products has become COSCO marine markets in the world iconic products. In the development of the international market, is committed to developing the three major domestic oil product market marine construction, 2013 to achieve a historic breakthrough - with China Oilfield Services Limited has signed two supply vessels and two 8000HP 9000HP AHTS ship construction contract. Started delivering pavilions October 28, Nantong COSCO Shipyard built for the Norwegian company Sevan Drilling's third cylindrical ultra-deepwater offshore drilling platform, " I hope the 3rd" delivered during the COSCO Shipyard Marine delivered to a climax. Since 2013, COSCO Shipyard has delivered the " T-17" " T-18" Drilling auxiliary ship, " Bangchak" jack-up barges and " Skyway" supporting transport barges and marine engineering module series. With Shanghai COSCO Shipyard to build a series of Petrobras FPSO modules smooth delivery, COSCO Shipyard shipbuilding and repair companies have been among the offshore construction market, while supporting enterprises in Dalian Di Shi, Nantong Di Shi, COSCO Dalian Jia Yang, Nantong COSCO shipping automation, ZTE and other sea and land on the market are also supporting each marine gains. Baigezhengliu thousand sails compete, first by sea to sail Fen. 2013, Nantong COSCO Shipyard / COSCO Qidong Offshore continue to play a " leading big brother" role in helping enterprises within the system, to break Takumi, occupied the commanding heights of the domestic marine construction. February 25, Nantong COSCO Shipyard for British shipowners design and construction of the " Dana" (N487) cylindrical FPSO vessel (FPSO) started cutting board, the project is the construction of China COSCO first FPSO turnkey projects, opening up China's marine engineering equipment manufacturing industry FPSO vessel total package of its kind, marks the COSCO Shipyard in China's marine engineering equipment manufacturing industry once again to achieve a major breakthrough. 2013, Nantong COSCO Shipyard cylindrical deep-sea drilling platform " Hope the 3rd" , " hope the 4th" and the cylinder marine life platform, " I hope the 7th" , " Shun Feng No. 1" pipe-laying ship and the " Adams Tige Rui " pipelaying vessel while the construction and modification, ships, marine products while construction, production is booming, the development is gratifying. To the " small but fine, small and specialized, small and mental, small and culturally," said a Shanghai COSCO Shipyard , by virtue of the " Sword Spirit" and sincere services into the offshore construction market, August 1, the successful built and delivered the first FPSO modules. The modules are the successful delivery of a milestone, marking the Shanghai COSCO Shipyard in marine technology on the basis of output achieved marine products manufacturing breakthrough, a new stage of transformation and upgrading. Dalian Di Shi of China National Offshore Oil Corporation built " BZ25-1 / S TOWERYOKE" single point mooring project for ExxonMobil built single point mooring hitch completed and delivered, marking the COSCO Shipyard in FPSO single critical point mooring system design and construction of facilities and equipment on a new breakthrough, while achieving a national marine equipment manufacturing critical equipment made â??â??a major breakthrough. Raise quality and efficiency complement each other To achieve system-wide offshore construction go hand in hand an excellent situation, in September 2012, COSCO Shipyard Marine Division was established in Nantong COSCO, COSCO Qidong marine business professional management as the basis to further optimize and improve Singapore's marine management within the system gradually offshore business project management, technology, key equipment procurement professionals to implement functions such as line management, to improve the overall management of marine manufacturing level, management level, improve production efficiency. 2013, Marine Division, make full use of their own experience, on the one hand to strengthen their role to play, the other guiding each company to establish a sound system of marine management, organizing various training courses to enhance system-wide enterprise management and marine engineering related business level. In order to regulate offshore project management, in June 2012, according to the characteristics of marine construction projects, COSCO Nantong COSCO Shipyard information center and a special project team composition, start the development of marine document management system. March 2013, the system developed, followed in Nantong COSCO Shipyard / COSCO Qidong Offshore formally launched. The use of the system for the formation of offshore project document management standard processes and lay a solid foundation. Each company all the way to discover, manage frequent tactics. Guangdong COSCO Shipyard to carry out " Marine Star " contest, strive to promote the production organization and management of marine projects, to create a" dare to face, courage to act, to take the result, " the cultural atmosphere. Involved in the manufacture of marine COSCO Zhoushan relatively late, all the way and steady efforts to forge their own advantage. Japanese shipbuilding system implementation using the dispatching system favorable opportunity, a bold attempt at FPSO, PSV and other marine products introduced standardized Japanese faction construction workers, promote standardized management of marine, marine products effectively improve efficiency, FPSO, PSV and other marine Project production schedule has been effectively guaranteed. Dalian COSCO deepening process for improvement, cantilever jack-up drilling platform thick plate precision cutting to be successful, not only for the entire project to save a lot of money, but also broke the COSCO Shipyard thick cut bottlenecks. Through technological innovation and management improvement, COSCO Shipyard 2013 marine equipment R & D and manufacturing maintained a good momentum of development, not only in the company repair, shipbuilding and marine engineering " three industry simultaneously" and thriving, more robust domestic first-mover advantage, further enhance competitiveness in international markets, will then show glory, forefront, to achieve greater development.
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15-Nov-2013 11:56	COSCO SHP SG / CoscoCorp Go to Message
x 0 x 0	Cosco jack up Drilling 116E dry bulk carrier of 64,000dwt COSCO SECURES OFFSHORE AND SHIPBUILDING CONTRACTS TOTALING OVER USD380 MILLION The Board of Directors of COSCO Corporation (Singapore) Limited (the ?Company?) is pleased to announce that shipyards, which are subsidiaries of the Company?s 51% owned subsidiary COSCO Shipyard Group Ltd, have secured contracts totaling over USD380 million to build two jackup drilling rigs and one bulk carrier as follow: 1. COSCO (Dalian) Shipyard Co. Ltd 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. 2. COSCO (Zhoushan) Shipyard Co. Ltd The contract under the first option, cited in our announcement dated 12 Sept 2013, to build one (1) dry bulk carrier of 64,000dwt for a European buyer has been rendered effective. The bulk carrier is scheduled for delivery in 2H2014. Save for their respective shareholdings in the Company, none of the directors or controlling shareholders of the Company has any interest, direct or indirect in the contracts. Barring any unforeseen circumstances, the above contracts are not expected to have a material impact on the net tangible assets and earnings per share of the Company for the year ending 31 December 2013. http://infopub.sgx.com/Apps?A=COW_CorporateAnnouncement_Content& B=AnnouncementLast3Months& F=1022487
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15-Nov-2013 11:22	COSCO SHP SG / CoscoCorp Go to Message
x 0 x 0	The gradual recovery of the international shipping market newbuilding prices accelerated Source: International Ship Network 2013-11-15 09:45:51 With the gradual recovery of the international shipping market, South Korea's major shipyards began to selectively orders, new shipbuilding prices is accelerating upward trend. November 8, British Clarkson new shipbuilding price index was 132 points, an increase of more than a week ago, 1:00. This year the traditional merchant orders - bulk carriers, container ships and oil tankers showed substantial growth trend in the first three quarters of the traditional merchant orders are more than last year's orders and newbuilding prices have bottomed out, the recent newbuilding prices is accelerating rise. Clarkson new shipbuilding price index from the end of last year to the first half of this year, has been at around 126 points, while the second half continued to rise slightly, 127.5 points in late July, late August, 128.7 points, 129.5 points the end of September, 10 at the end broke through 130 points to 131 points , rose again last week to 132 points. Shanghai China released new shipbuilding price index continued to rise, Chinese newbuilding price index from the end of this year, a 857 point rise in the end of September was 890 points, 10 more than 900 end-points, 907 points. Insiders pointed out that, Clarkson new shipbuilding price index lagged the actual operation, taking into account recent new ship orders prices rising trend, it is expected that the index will continue to rise recently.
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14-Nov-2013 23:22	COSCO SHP SG / CoscoCorp Go to Message
x 0 x 0	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 . ??
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14-Nov-2013 19:39	COSCO SHP SG / CoscoCorp Go to Message
x 0 x 0	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
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14-Nov-2013 00:19	COSCO SHP SG / CoscoCorp Go to Message
x 0 x 0	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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14-Nov-2013 00:18	COSCO SHP SG / CoscoCorp Go to Message
x 0 x 0	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=
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11-Nov-2013 12:00	COSCO SHP SG / CoscoCorp Go to Message
x 0 x 0	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。
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09-Nov-2013 15:31	COSCO SHP SG / CoscoCorp Go to Message
x 0 x 0	You means cosco Singapore aso corruption revenue of 989 million net profis of 16 million . And overal profits 4 million only .??? They must be hiding Some money go to china Ocean Shipping . Or go some where ?? Coscp Singapore also no transparent to investors . Got contracts didn't announce Delivery vessel don't announce We are only guessing
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09-Nov-2013 12:39	COSCO SHP SG / CoscoCorp Go to Message
x 0 x 0	The china prime minister 李克强。 are looking in to this round of china government company corruption case he wanted to clear all members who are involved . Another group of government executive officer will work properly. If cosco china and cosco Singapore high executive director and officers are involved. He can change the new group off members just one weeks . In China they are alots government executive officer and specialist member We can wait and see when this time around all bads people clean up. Cosco will be back to normal and moving up to tracks All corruption clear . All money return to company . Then you will see more profits So aots analysis will ask you to sell away cosco and buy yangzijiang and kepcorp
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09-Nov-2013 11:24	COSCO SHP SG / CoscoCorp Go to Message
x 0 x 0	As long current cosco china 书记 ceo mr. Ma and cosco Singapore ceo no involved in the corruption . Then . After all other member been caused . At the end there had to pay back to cosco group. And in put in holiday camp.the end of yhey life. China governments may put in some of the members to make cosco running and make more profits Cosco is government company Will no close and will no lose to private company like yangzijiang . No faces
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09-Nov-2013 00:47	COSCO SHP SG / CoscoCorp Go to Message
x 0 x 0	Today Cosco Just reports COSCO CORPORATION SECURES LETTER OF INTENT FOR 2 (TWO) ADVANCED SEMI-SUBMERSIBLE ACCOMMODATION VESSELS +4 Total of Us $1.2 billion ( 2+ 4 options ) The Board of Directors of COSCO Corporation (Singapore) Limited (the â??Companyâ??) wishes to announce that COSCO (Qidong) Offshore Co., Ltd, a subsidiary of the Company's 51% owned subsidiary, COSCO Shipyard Group Co., Ltd, has secured a Letter of Intent from a subsidiary of Prosafe SE, a company listed on the Oslo Stock Exchange, for the engineering, procurement and construction of 2 (two) semi-submersible accommodation vessels with options for 4 (four) more units. The Letter of Intent covers two potential contracts, each in excess of USD200 million. The vessels will be of Gusto MSC Ocean 500 design and will be equipped with 500 beds, DP3 station keeping systems, 10-point chain mooring and 300 ton cranes. The vessels are scheduled for delivery in 2016. The Company will make further announcements when the contracts are awarded or rendered effective. Save for their respective shareholdings in the Company, none of the directors or controlling shareholders of the Company has any interest, direct or indirect in the contracts. Barring any unforeseen circumstances, the Letter of Intent is not expected to have a material impact on the net tangible assets and earnings per share of the Company for the year ending 31 December 2013.
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Cosco chief seeks sector survival, an end to cut-throat rate wars

China's shipbuilding industry into the " depth adjustment period"

中 国 造 船 业 步 入 ?深 度 调 整 期 ?

COSCO Zhoushan Shipyard built FPSO bow half completed and delivered

Guangdong COSCO Shipyard launched a boat trials of two ships

中国造船业步入 ?深度调整期 ?