New Contracts for COSCO Shipyard Group

first_imgzoom The Board of Directors of COSCO Corporation (Singapore) Limited announced that COSCO Shipyard Group Ltd have secured contracts totaling over USD380 million to build two jackup drilling rigs and one bulk carrier.COSCO (Dalian) Shipyard Co. Ltd secured contracts from a Bermuda company for two (2) LeTourneau Super 116E jackup drilling rigs, scheduled for delivery in 1H2016 and 2H2016 respectively. The buyer has also secured options for two (2) additional jackup drilling rigs.COSCO (Zhoushan) Shipyard Co. Ltd secured the contract under the first option, cited in the company’s announcement dated 12 Sept 2013, to build one (1) dry bulk carrier of 64,000 dwt for a European buyer has been rendered effective. The bulk carrier is scheduled for delivery in 2H2014.COSCO, November 14, 2013last_img read more

French President to Award Moroccos Intelligence Chief Legion of Honor

Rabat – French President François Hollande will honor Head of Morocco’s Domestic Intelligence Agency DGST Abdellatif Hammouchi with the country’s highest award, the Légion d’honneur (Legion of Honor), in a ceremony this September.Le360 quoted diplomatic sources as saying that François Hollande will award Morocco’s spy chief Abdellatif Hammouchi Les Insignes d’Officier de la Légion d’honneur as part of Hollande’s upcoming visit to Morocco, scheduled between late September and early October 2015.Hamouchi will receive France’s highest distinction for a foreign personality after being the victim of a judicial mishap on French soil in February 2014. Last year, French judicial authorities questioned Hammouchi about the allegations of torture while he was visiting Paris, prompting Morocco to suspend corporation agreements with France in protest.Relations between Morocco and France have been tense since then.In February 2015, French Interior Minister Bernard Cazaneuve said France would  show its respect for Hammouchi by awarding him Les Insignes d’Officier de la Légion d’honneur.The two countries resumed corporation in February following fruitful discussions at the Elysee Palace between President Francois Hollande and King Mohamed VI.President Holland is due to hold new talks with King Mohamed VI next September in Morocco, regarding a set of issues of common interest, such as enhancing security coordination and economic cooperation between the two countries.© Morocco World News. All Rights Reserved. This material may not be published, rewritten or redistributed without permission read more