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Singapore to set newbuild record this year

The number of newbuilds to be delivered to Singapore this year is set to hit a decade high. The five players awaiting the largest share of the new vessels include tanker, bulk and offshore carriers, according to a study from VesselsValue.

This year, Singapore will receive its highest number of newbuilds since the financial crisis.

The country's carriers will see 250 vessels delivered this year, the highest figure since 2008 according to a study by VesselsValue.

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