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COSCO Corporation (Singapore) Limited
Research and
Development
Inside COSCO and Corporate Citizenship
In the samemonth, COSCODalian Shipyard commenced
the building of China’s first 28,000 m³ LNG carrier. This
eco-friendly LNG carrier uses a cutting-edge C-type tank
and a dual-fuel propulsion system that is safer, reliable
and efficient. COSCO’s eco-friendly “green” ships have
received the Green Ship II certification issued by the
China Classification Society (CCS).
In April 2014, the wind turbine installation vessel, “Sea
Challenger,” was delivered by our Nantong shipyard to
Danish company A2SEA. Together with “Sea Installer,”
both were built by COSCO Nantong Shipyard and are
the first of their kind to have been designed and built in
China. These third-generation wind turbine installation
vessels are efficient for one person to complete jack-
up operations using the remote-controlled seawater
lifting device, navigation, and DP2 dynamic positioning.
Equipped with advanced steerable thrusters, these
vessels have enhanced mobility, enabling them to make
a 180-degree turn in approximately 5 to 6 seconds. “Sea
Challenger” and “Sea Installer” have both successfully
accomplished wind turbine installation works in the UK
sector of the North Sea. They meet both DNV offshore
construction specifications and Danish maritime
standards, and have been awarded the DNV class
notation “Clean Design”.
COSCO also achieved another engineering design
milestone over the year. We designed for Maersk the
world’s largest and most advanced deepwater offshore
installation vessel. Using electric propulsion, it will be
equipped with a 400 tonne crane folding arm and a DP3
dynamic positioning system. This state-of-the-art vessel
will be able to undertake subsea engineering installation,
maintenance and repair at depths of up to 3,000 metres.
Accolades
In June 2014, COSCO Shipyard was recognised by the
Ministry of Industry and Information Technology of the
People’s Republic of China (PRC) for their R&D on the
jack-up drilling platform lift system. In October 2014,
COSCO Nantong Shipyard’s research patent for the
rotating closure of a floating drilling production platform
won the 16
th
China Patent Gold Award. COSCO Dalian
Shipyard has also garnered accolades for its series of
FPSO conversion works, winning the first prize in the
Liaoning Excellence New Product Award in November
2014.
COSCO Shanghai Shipyard has also obtained national
patents for a number of products including the lashing
and transportation for the offshore module supporting
device, miniature global navigation satellite systems and
low interference communications for offshore vessels.
Navigating forward
As we continue to move up the value chain, we are
committed to enhance our R&D capabilities, especially
in our marine engineering sector. We aim to invest in
human capital through continuous intensive training and
in new technology, to facilitate discovery and innovation.
Cognisant of the changes in our industry, we seek to
expand our operational areas and advance our expertise
to meet the evolving needs of our international clientele.
