Cosco Corp keeps pushing back deliveries of newbuildings as it announced the delay of a $180m jackup drilling rig.
The Singapore-listed shipbuilder has reached a mutual agreement with an Asian company to stretch the delivery date of the unit from 30 March 2017 to 30 March 2018.
Its subsidiary Cosco Dalian won the contract from the unnamed company in 2013 for a total price of more than $180m.
The
