COSCO Shipping International (Singapore) Unit Agrees to a Ship Repair, Service Contract

MT Newswires

10/21

COSCO Shipping International (Singapore) (SGX:F83) unit, COSCO Shipping Marine Engineering (Singapore), agreed to a ship repair and service agreement and a ship materials procurement agreement with Shenzhen Ocean Shipping.

Shenzhen Ocean is a subsidiary of COSCO Shipping Bulk, a unit of COSCO Shipping Corp., the company's controlling shareholder, according to a Tuesday filing with the Singapore Exchange.

The agreements are part of COSCO Shipping Marine's strategy to strengthen its ship repair, inspection and supply services business.

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