Multiple Asia-based FPSO sources told Upstream that Modec has received a price proposal from Chinese contractor Cosco Shipping Heavy Industry for constructing the hull and potentially the FPSO ...

In June 2022, Cosco’s board has approved the deal, which involved a total investment of P500 million. Cosco will hold a minority stake of 45 percent and Siam Global the remaining 55 percent.

The Singapore Court of Appeal has granted Cosco Shipping Specialised Carriers protection from being sued in Indonesia by paper manufacturer OKI Pulp & Paper Mills (OKI Pulp). All complaints and ...

Aside from Seoul and Jeju, Busan is arguably one of the more popular tourist destinations in South Korea. Being South Korea’s second largest city, Busan is filled with endless places to explore, and ...

Chinese state-owned shipping giant COSCO has further expanded its dry bulk newbuilding initiative with up to eight newcastlemax vessels at its group yard, COSCO Shipping Heavy Industry Yangzhou.