Cosco works with owners to weather storm

China's Cosco Shipyard is working with rig owners to weather the stormy rig-building market plagued by delivery delays, a lack of charters and, in some cases, rig abandonments.

Collaboration: Cosco president Liang Yanfeng (centre) works with rig owners to weather storm
Collaboration: Cosco president Liang Yanfeng (centre) works with rig owners to weather storm
Published 5 May 2015, 21:02Updated 17 October 2016, 12:52