SINGAPORE (Oct 25): Cosco Corp (Singapore) says customer Prosafe Rigs and subsidiary Cosco (Qidong) Offshore have agreed to extend the delivery date of accommodation vessel Safe Eurus to end Dec 2019 from its original delivery date in 2016.

Under the extension deal, Prosafe has the right to take delivery of the vessel earlier than Dec 2019 if market conditions improve or if the shipowner manages to procure rental for the vessel, says Cosco.

In a separate filing, Cosco says the shipowner and customer of floating accommodation unit N381 has breached the contract with Cosco (Nantong) Shipyard after negotiations for a further three-year extension fell through.

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