TradeWinds
Shipping Index

ASL grabs one

Singapore-listed shipbuilder ASL Marine has grabbed a $30m order from overseas.


ASL will build a dive support vessel with fire fighting, standby and rescue capabilities for the unidentified buyer, it tells investors Monday.

Delivery of the SGD 38.5m ($27m) ship is pencilled in for the fourth quarter of 2011.

No further details regarding the identity of the buyer or the specification of the newbuilding were immediately accessible Monday.

Published: 11:59 GMT, 08 Feb 10 | updated: 11:59 GMT, 08 Feb 10
Latest News
Article image

Boxship attacked

E R Schiffahrt vessel ER Lubeck evades pirate assault in Somali Basin but sustains light damage.

17:41 GMT, 12 Mar 2010
Article image

Texas tax fight

Gulf Coast player challenges US tax authorities over unfavourable designation of time charter income.

16:39 GMT, 12 Mar 2010
Article image

Mercator mum

Indian owner confirms bulker and tanker purchases but keeps lips sealed on ship names.

16:11 GMT, 12 Mar 2010
Article image

Molaris heads IPO

Former Quintana and Excel chief rides back into Wall Street at head of $270m bulker and tanker float.

15:52 GMT, 12 Mar 2010
Article image

Rich get richer

Brazilian magnate Eike Batista joins world’s top 10 rich list, while Fredriksen drops Ofer to ride back into Forbes’ top 100.

13:11 GMT, 12 Mar 2010
Article image

AIDAluna dented

Second Costa Crociere-owned cruiseship bashed against quay, this time in La Palma, but no one hurt.

12:24 GMT, 12 Mar 2010
Article image

OceanFreight split

Greek owner proposes reverse stock split after facing Nasdaq delisting dilemma.

12:06 GMT, 12 Mar 2010
Article image

Belgian blaze

Fire in engine room of Boeckmans general cargoship cuts power off Morocco.

11:54 GMT, 12 Mar 2010
Article image

Bubble trouble

Defective compass puts Turkish ship on collision course with UK inspectors while Greek bulker freed.

11:49 GMT, 12 Mar 2010
Article image

Double Dutch

Tank terminal player Vopak to expand Amsterdam capacity as annual profit rises.

10:37 GMT, 12 Mar 2010
Article image

Columbus crash

Hapag-Lloyd cruiseship in collision with cargo vessel while docking in rough seas at Iloilo, Philippines.

10:19 GMT, 12 Mar 2010
Article image

Men overboard

USCG searching for two crew who fell from deck of Hanjin Pretoria off Alaska.

09:54 GMT, 12 Mar 2010
ShipX Auction