Cosco wins six contracts worth more than $238m

Cosco Corporation (Singapore) says its units it has secured contracts for seven bulk carriers worth more than US$190 million ($238 million).

Cosco (Guangdong) Shipyard Co won a contract from a European company to build a bulk carrier of 35,000 dwt to be delivered in the first quarter of 2013.

Cosco (Zhoushan) Shipyard won two contracts with option for four more contracts from another European company to build six units of 64,000 dwt bulk carriers with eco-friendly and fuel-efficient designs.