January 9 - Cosco Shipping (Coscol) has signed a contract with the Hudong-Zhonghua Shipyard for the construction of four 28,000 dwt multipurpose heavy lift vessels, with an option for an additional two ships.

The vessels will have an overall length of 179.5 m, breadth of 28 m and depth of 14.8 m, as well as a tandem lifting capacity of 700 tonnes.

Compared with Coscol's previous 28,000 dwt heavy lift vessels, the company says that the newbuildings will be highly improved, with enhanced engine performance.

At present, Coscol owns eight multipurpose heavy lift vessels with 700-tonne tandem lifting capacities.