Shipbuilding
Russia to Build Far East Metal Plant to Supply Arctic Shipbuilding
MOSCOW, Nov 25 (Reuters) – Russia plans to build a metals plant in the Far East at an estimated cost of $2.2 billion and supply steel sheet to the Zvezda...
Precious Shipping Heads to Nanjing for More Bulk Carriers
Precious Shipping, the Thailand-listed cement shipper, announced this week the newbuild order for two 64,000 dwt bulk carriers from Nanjing-based Sainty Marine Corporation.
The total contract value for the order is USD $55.80 million and the vessels are scheduled for delivery by the end of Q1 2015.
Precious Shipping notes the two vessels will be flagged in either Singapore or Thailand.
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