Its subsidiary, COSCO Shipyard Group Co., Ltd., operates seven shipyards in China, located in the Dalian, Shanghai, Jiangsu and Guangzhou areas. Aiming to reinforce ties to the Norwegian shipping industry, Consul General Tormod C. Endresen recently visited COSCO Guangdong Shipyard.
Photo: COSCOThe COSCO shipyards specialize in ship repair and conversions, offshore constructions and new-building. The COSCO Shipyard Group have longstanding relations with Norway through repairs, offshore constructions and newbuildings for Norwegian ship owners, including the advanced EPCI completion of semi-submersible drilling rig ‘SEVAN DRILLER’ built for Sevan Marine ASA. The Sevan Driller has commenced operations for Petrobras S.A. in June 2010 under a six year fixed term charter contract.
COSCO (Guangdong) Shipyard is currently negotiating with Norwegian owners on offshore support vessels construction contracts, and has recently taken on to build 1+1 supply vessels of Norwegian PX106 Ulstein design for German owners. - The combination of Norwegian ship design and effective and competent Chinese yards is becoming a proven formula for success. Such Sino-Norwegian partnerships are precisely what we seek to encourage, says Tormod C. Endresen.