Labroy secures cement carrier newbuilding

Importer

The Singapore shipyard Labroy Shipbuilding and Engineering has secured a shipbuilding contract worth $23.6 million to build a 20,200 DWT single screw cement carrier for delivery in April 2006. The yard did not disclose further details of the contract.

Tan Boy Tee, chairman and managing director of Labroy Marine, said the firm’s current order book for the building of new vessels now stands at a record $119 million and this will keep the company’s shipbuilding division busy until 2006.