Maintenance and retrofit contract
The first contract covers the retrofit of 32 vessels from the COSCO bulk carrier fleet with slide-fuel valves. It also includes the retrofit of seven + six vessels with Alpha Lubricators, giving a cumulative value of more than 2 million Euros.
The second contract is with COSCO Shanghai and covers the maintenance of 24 sets of TCA88 turbochargers aboard 12 vessels. This contract also is valued at over 2 million Euros.