Shipyards

COSCO Nantong books $220 million OCV order

China’s COSCO (Nantong) Shipyard Co. Ltd. has secured a contract valued over $220 million from an Asian company to build two Self Propelled Pipelay Heavylift Offshore Construction Vessels. The vessels are scheduled

Chinese shipbuilding orders fell in 2011

Xinhua reports that the Chinese shipbuilding industry suffered sharp declines in new orders in 2011,citing data from released Monday by China’s National Development and Reform Commission (NDRC. New shipbuilding orders from January