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COSCO Singapore issues profit warning as drop in oil prices hurts offshore industry
COSCO, a Chinese ship building and marine engineering firm, said its COSCO Nantong unit will discontinue building the hull and the topside module for a vessel called an Octabuoy - a move that will result in a one-off charge of around S$90 million.
COSCO, a Chinese ship building and marine engineering firm, said its COSCO Nantong unit will discontinue building the hull and the topside module for a vessel called an Octabuoy - a move that will result in a one-off charge of around S$90 million.
