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13 July 2020 The on-line newspaper devoted to the world of transports 06:55 GMT+2

June 5, 2020

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SEACOR Marine takes over 50% of SEACOSCO Offshore from COSCO

The company has a fleet of eight new Platform Supply Vessel

THE American SEACOR Marine Holdings took over from the group Chinese shipowner COSCO Shipping 50% of SEACOSCO's capital Offshore becoming the sole owner of the joint venture two parties had formed at the beginning of 2018 to equip it with a fleet of eight new Platform Supply Vessels ( 18 January 2018). The naval units were ordered at the COSCO Shipping Heavy Industry (Guangdong) shipyard already delivered seven to SEACOSCO, while the last one will be delivered by the end of this year. SEACOR Marine announced price for the acquisition of the stake is 28.15 million dollars.

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