Cosco gets $25.85m order for semi-submersible barge
Cosco Corporation (Singapore)'s shipyard arm has won a contract worth $25.85m to construct one semi-submersible barge, the company announced Tuesday. Cosco (Zhoushan) Shipyard in China will build the 32,000 dwt vessel for an unnamed Southeast Asian firm. The vessel is slated for delivery in the second-quarter of 2012.