Cosco Delivers Self-Erecting Drilling Tender Barge to Energy Drilling

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Cosco Corporation (Singapore) Limited (the Company) disclosed Tuesday that Cosco (Guangdong) Shipyard Co., Ltd (Cosco Guangdong), a subsidiary of the Company’s 51 percent owned Cosco Shipyard Group Co., Ltd, has delivered a Self-erecting Drilling Tender Barge, to Energy Drilling Pte Ltd.

The delivery documents were signed by and between Cosco Guangdong and the buyer recently.

The tender barge has a working depth of 656 feet (2,000 meters), a drilling depth of 20,000 feet and is equipped with heavy lift cranes with a safe working load of 400 metric tons.

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