Posts by Iason Lambos

in Featured Projects, Sembcorp Marine

Vessel’s Particulars: Loa: 244m Br: 42m Dwt: 104643t Main Items of her DD/Repairs: Drydocking JURONG SHIPYARD offer their expertise in Shiprepairs, Shipbuilding, Conversions, Rig Building and Offshore Engineering. They operate 4 Docks totalling 1.1 million dwt in capacity and berthing facilities totalling 2,728m in length. Vessels that they have DD/Repaired include ULCCs, VLCCs, LPGs, LNGs, Tankers, Bulk Carriers, Container Vessels etc. Facilities include Nr. 1 Graving Dock 270m x 40m for Vessels up to 100,000 Dwt, Nr. 2 Graving Dock 350m x 56m for Vessels up to 300,000 Dwt, Nr. 3 Graving Dock 380m x 80.2m for Vessels up to 500,000 Dwt and Nr. 5 Graving Dock 335m x 56m for Vessels up to 200,000...

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in Featured Projects, Sobrena Shipyard

Vessel’s Particulars: Loa: 249.99m Br: 44m Dwt: 111013t Main Items of her DD/Repairs: Drydocking SOBRENA SHIPYARD operates following Graving Docks: Drydock Nr.1 : 225 x 27 m Drydock Nr.2 : 338 x 52 m Drydock Nr.3 : 420 x 80 m Vessels can enter upon arrival in Nr.2 or Nr.3 Graving Dock and perform Deballasting, Sludge Treatment & Slops Reception Operations avoiding costs and time consumed for shifting Alongside prior Drydocking. Access to the Shipyard is Direct from the Open Sea without navigating in Channels, Rivers with Locks etc. All Workshops and Facilities are available for expedient DD/Repairs. The Shipyard has for many years DD/Repaired Membrane and Moss type LNG Vessels. Brest is in close proximity to major Ports of North...

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in Uncategorized

Vessel’s Particulars: Loa: 249.90m Br: 44m Dwt: 114880t Main Items of her DD/Repairs: Drydocking Machinery Repairs and Modifications SOBRENA SHIPYARD operates following Graving Docks: DD Nr.1 : L: 225m, Br: 27 m DD Nr.2 : L: 338m, Br: 52 m DD Nr.3 :L: 420m, Br: 80 m Vessels can enter upon arrival in Nr.2 or Nr.3 Graving Dock and perform Deballasting, Sludge Treatment & Slops Reception Operations avoiding costs and time consumed for shifting Alongside prior Drydocking. Access to the Shipyard is Direct from the Open Sea without navigating in Channels, Rivers with Locks etc. All Workshops and Facilities are available for expedient DD/Repairs. Brest is in close proximity to major Ports of North...

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in Market News, News

For those with strong balance sheets and sound corporate banking relationships, it is tempting to order new ships when newbuilding prices are well off their highs and look set to climb again in the months ahead. But the business logic seems unfathomable at a time when there are already too many ships on order, with many owners seeking to defer deliveries, switch their original contracts or bale out completely. Today, the orderbook comprises well over a third of the existing fleet and most of it will deliver within the next 30 months. Clarkson statistics reveal that the contracted tankers of more than 10,000 dwt equate to 27.5% of today’s fleet, container ships almost 26% and bulkers a daunting 56%. In the specialised sectors, offshore vessels equivalent to more than a fifth of the existing fleet have been contracted and the car carrier fleet is due to grow sharply, with around a quarter of existing capacity still waiting to deliver. These numbers don’t seem to deter some brave shipowners, it would seem. According to a recent Clarkson commentary, there has been a flurry of new orders recently, “despite the flaky state of the world economy”, with a total of 61m dwt of ships contracted so far this year, including nearly 16m dwt of tankers, 41m dwt of bulk carriers and 2.4m dwt of container ships. Part of the reason for the apparent confidence in the dry bulk sector – apart from the relatively buoyant market – is the gap between the cost of new ships and secondhand prices. In the 1980s, Clarksons estimates, the cost of a five-year old Panamax bulker was around 58% of its new price while an Aframax could be picked up for 55%. Assuming that ships have an average life of 20 years – itself a conservative assumption – this meant that secondhand vessels could be bought for little more than half of their initial cost but with three quarters of their working lives left. A bargain, it would seem. A decade later, the figures had adjusted to reflect a more balanced demand supply backdrop. The five-year-old price averaged about 74% of the new ship price, roughly as one would expect. However, in the 2000s, “there...

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in Featured Projects, Sembcorp Marine

Vessel’s Particulars: Loa: 299.95m Br: 50m Dwt: 203.266t Main Items of her DD/Repairs: Drydocking Cargo Holds Blasting & Painting JURONG SHIPYARD offers its expertise in Shiprepairs, Shipbuilding, Conversions, Rig Building and Offshore Engineering. They operate 4 Graving Docks totalling 1.1 million dwt in Capacity and Berthing facilities totalling 2,728m in length. Vessels that they have DD/Repaired include ULCCs, VLCCs, LPGs, LNGs, Tankers, Bulk Carriers, Container Vessels etc. Facilities include Nr. 1 Graving Dock 270m x 40m for Vessels up to 100,000 Dwt, Nr. 2 Graving Dock 350m x 56m for Vessels up to 300,000 Dwt, Nr. 3 Graving Dock 380m x 80.2m for Vessels up to 500,000 Dwt and Nr. 5 Graving Dock 335m x 56m for Vessels up to 200,000...

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