The Singapore Shipowner Receives The Second Largest Number Of New Ships This Year

- Apr 27, 2018-

According to VesselsValue data, Singapore shipowners are expected to receive 251 new vessels by the end of 2018, with the highest volume of new vessels received, and this year's new ship acceptance rankings are second only to China in the world.




VesselsValue stated that due to the still weak oil tanker market and the offshore market, some new ships are expected to be delayed. However, even so, the number of new ships received by Singapore's shipowners this year is still considerable. The previous delivery record of Singapore’s shipowners was still a decade ago, when only 200 ships were delivered.


Of the 251 new ships, most of them are oil tankers, with a total of 78 ships and 3.4 million dwt. Followed by the Marine Support Ship (OSV), a total of 75 ships. The delivery volume of bulk carriers and offshore construction ships was 39 and 22 respectively. Small dry cargo ships and container ships delivered the least, with 9 ships respectively. welding overlay flange


These new ships are custom built by more than 80 companies. Among them, Yangtze River Shipping is expected to receive 18 new ships, ranking first in delivery in Singapore. Ranked second is the Ocean Tankers Pte, which will receive 11 small tankers. MK Marine will receive 9 new ships, ranking third. The fourth ranked Pacific Shipping will receive eight container ships. Swissco will receive eight AHTS.


Globally, Singapore’s shipowners have received the second largest number of new ships in the world this year, second only to China. Chinese ship owners are expected to receive 286 new ships this year. The third-largest shipbuilder in Japan is expected to receive 217 new vessels, the fourth-highest Greek ship owner will receive 159 vessels, and the fifth-highest Malaysian ship owner will receive 128 vessels. pipe fittings