The Hong Kong-listed offshore operator has already takendelivery of one 3,300-dwt ship with the other to follow at the end of August,it said today.

Both vessels are expected to begin operations in the finalquarter of the year.

COSL gave no indication how much it paid for the KCM75Mmodel units.

Xiamen Shipbuilding has nine vessels that fit thatdescription under construction, according to Clarksons.

Singapore-based