Tuesday, March 15, 2011

Cosco Corporation (S) rated 'outperform' by CIMB

Stock Name: CoscoCorp
Company Name: COSCO CORPORATION (S) LTD
Research House: CIMB

CIMB in a Mar 10 research report says: "The rig that Cosco delivered to Sevan Marine in 2009 has been able to command competitive market day rates. Sevan Driller I, chartered to Petrobras, was 97% utilised in February 2011.

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