COSCO Haineng announced that Hainan Haineng, a wholly-owned subsidiary of the company, and Dachuan Heavy Industries signed a contract for the construction of 4 VLCC crude oil tankers, with a total contract price of 3,793 billion yuan and a total investment of about 3.829 billion yuan. The company increased Hainan Haineng's cash capital by 1,896 billion yuan. The transaction has been reviewed and approved by the board of directors and does not constitute a related transaction or major asset restructuring. The 4 ships are scheduled to be delivered from September 2029 to May 2030.
Zhitongcaijing · 2d ago
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COSCO Haineng announced that Hainan Haineng, a wholly-owned subsidiary of the company, and Dachuan Heavy Industries signed a contract for the construction of 4 VLCC crude oil tankers, with a total contract price of 3,793 billion yuan and a total investment of about 3.829 billion yuan. The company increased Hainan Haineng's cash capital by 1,896 billion yuan. The transaction has been reviewed and approved by the board of directors and does not constitute a related transaction or major asset restructuring. The 4 ships are scheduled to be delivered from September 2029 to May 2030.
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