Germany's Oldendorff Carriers ordered Post-Panamax at Jiangsu Eastern Heavy Industry. The owner confirmed its order of a 97,000 deadweight eco Post-Panamax bulk carrier at Jiangsu Eastern Heavy...
Cosco Corp (Singapore) has scooped a deal to convert a VLCC into a floating production, storage and offloading (FPSO) unit for a Japanese company. Its Dalian yard will complete the work on the 259,530-dwt Sunrise IV (built 1991) for Mitsui Ocean Development & Engineering.
In a statement to investors, Cosco says the vessel will be re-delivered in mid 2010. No price was revealed.
"The FPSO is designed to operate for 20 years without dry-docking and it will have a production capacity of 16,000 M3 oil per day, 5,000,000 Nm3 gas per day, and a storage capacity of 1,600,000 barrels of oil," the shipbuilder said.
Mitsui will hire the vessel to Petrobras for deployment in Brazil's Tupi Field.