SembCorp to build Brazil shipyard

Singapore shipbuilder SembCorp Marine said today its Jurong Shipyard would build a new shipyard in Brazil to serve the region’s burgeoning offshore oil and gas industry. SembCorp said in a statement Jurong had bought a 825,000-square-metre site with 1.6 kilometres of coastline about 80 kilometres north of Vitoria in Espirito Santo State.