Marine link
 

Dung Quat

ABS to Supervise Tanker Building Process at Yard

VNA reported that Dung Quat Shipbuilding Industry Company has signed with American Bureau of Shipping (ABS.) The contract means the classification society will supervise the shipyard's building process of three oil tankers. Under the $400,000 contract, ABS, in collaboration with the Vietnam Register Agency will send its supervisors to the shipyard to supervise the quality of all stages to build the oil tankers, which will begin at the end of this month, officials from the Dung Quat shipyard. The first oil tanker with capacity of 104,000 DWT is expected to be handed over to the Vietnam Oil and Gas Corporation by mid 2008, helping meet the demand for the transport of materials and products for the Dung Quat Oil Refinery, the first of its kind in the country which is now under construction in central Quang Ngai province. The Dung Quat Shipbuilding Industry Company is an affiliate of the Vietnam Shipbuilding Industry Corporation.


Tanker Construction Begins in Dung Quat

VNA reported that Dung Quat Shipbuilding Industry Corporation on October 30 began building a 104,000-tonoil tanker, the largest of its kind built in Vietnam so far. The construction, which uses technology from Poland, will be supervised by the American Bureau of Shipping (ABS). Experts from Japan, the Republic of Korea and Poland will take part in building the oil tanker. The same day, the Dung Quat Shipbuilding Industry Corporation and the Vietnam Shipping Corporation (Vinaship)


Tanker Construction Begins in Dung Quat

VNA reported that Dung Quat Shipbuilding Industry Corporation on October 30 began building a 104,000-tonoil tanker, the largest of its kind built in Vietnam so far. The construction, which uses technology from Poland, will be supervised by the American Bureau of Shipping (ABS). Experts from Japan, the Republic of Korea and Poland will take part in building the oil tanker. The same day, the Dung Quat Shipbuilding Industry Corporation and the Vietnam Shipping Corporation (Vinaship)


Dung Quat Inks $200m Freighter Deal

The Dung Quat Shipbuilding Industry Corporation and the Oil and Gas Shipping Investment Joint Stock Co on Tuesday signed a contract to construct ten 54,000-DWT freighters in a deal worth about $200 million. The vessels were designed by the Shipbuilding Science and Technology Institute, and are 190m long and 32m wide. Dung Quat Shipbuilding Industry Corp is expected to complete the first freighter by June 2008, and the remaining nine in four month intervals there after.


ABS Ventures to VietNam

The Dung Quat Shipbuilding Industry Company has signed with American Bureau of Shipping (ABS) a contract under which the US firm will supervise the shipyard's building process of three oil tankers. Under the $400,000 contract, ABS, one of the world's leading ship classification societies, in collaboration with the Vietnam Register Agency will send its supervisors to the shipyard to supervise the quality of all stages to build the oil tankers, which will begin at the end of this month


Vietnam Set to Build Tanker

In July 2006, the Vietnam Shipbuilding Industry Corporation (Vinashin) will set about construction of the first oil tanker for Vietnam’s oil and gas industry. The tanker, named Dung Quat No 1 is scheduled for launch in 2007. According to the Dung Quat management board, the Infrastructure Development and Construction Corporation (Licogi) and Contex Construction Company (belonging to Vinashin) are working to acquire the necessary mechanical equipment to build a dry dock 380m long


Vietnam Shipyard Sea Trials 104,000 dwt Tankship

Photo credit Dung Quat Shipyard

Vietnam National Oil & Gas Group's Dung Quat Shipbuilding successfully carried out sea trials of a large crude oil carrier Following completion of the construction, Dung Quat Shipyard (DQS) in the presence of the owners, Petrovietnam Transportation Corporation (PVTrans) & classification society ABS, performed sea trials of a 104,000 DWT Crude Oil Tanker named PVT MERCURY.  


Dung Quat Zone Attracts $5b

The Dung Quat Economic Zone in the central province of Quang Ngai has to date attracted 103 projects with a combined capital of over $5b, according to the Investment and Trade Promotion Centre of the zone’s management board. In 2006 alone, twenty projects were licensed in the zone, capitalized at over $1.1b, $832,of which came from foreign-invested projects. Among major new projects were a $1b steel mill by Taiwan’s Tycoons Group


Vietnam to Build First Tanker

The tanker, named Dung Quat No 1 is scheduled for launch in 2007, the VietNamNet Bridge reported. The Infrastructure Development and Construction Corporation (Licogi) and Contex Construction Company (belonging to Vinashin) are working to acquire the necessary mechanical equipment to build a dry dock 380 x 90 x 15m. Such a dry dock is necessary for construction and repair of vessels of up to 300,000 tonnes. The main dock infrastructure will be completed in June


Vietnam President Urges Vinashin to Increase Production

Vietnam President Nguyen Minh Triet said that he expected the Viet Nam Shipbuilding Industry Group (Vinashin) to increase its international profile by producing more ships for the world market. Triet made these comments at a meeting with company officials and the management board of the Dung Quat Shipbuilding Company in central Quang Ngai Province. Triet also visited the Dung Quat Oil Refinery Plant and held meetings with the management board.


Asia Fuel Oil: 380-cst cash premium rises 76 percent

The cash premium of the benchmark 380-cst fuel oil grade firmed for the fourth straight session on Wednesday, underpinned by lower supply in the region in early April.   The 380-cst cash premium rose 76 percent or close to $1 a tonne to a two-week high of $2.22 a tonne, Reuters data showed


Vietnam Shipping Firm Corruption Trial Opens

The Hanoi People's Court in Vietnam's has opened a three-day hearing of the corruption charge against former chairman of Vietnam's National Shipping Lines (Vinalines) Duong Chi Dung and 9 others, reports Xinhua. According to the indictment, Duong Chi Dung and the nine other employees have been


Keppel FELS Sells $210 Million Jackup Rig

Keppel FELS Limited (Keppel FELS) is pleased to announce that PV Drilling Overseas (PVDO) is acquiring from the company a KFELS B Class jackup rig for approximately $210 million. Scheduled for delivery in 1Q 2015, the high specification rig will be the 19th KFELS B Class rig on order at Keppel


Financial Aspects of Piracy Explained

The Games Up: Photo courtesy of EUNAVFOR

Release of 'MV Leopard' crew hostages by Somali pirates, prompts Denmark researchers 'RiskIntelligence' to give general ransom & pirate 'investment' insights. Economic terminology such as “market” is used in the below to describe the criminal activities of hijacking and ransom.


Vietnam Port Bars Cargoship Departure After Oil Spill

Maritime authorities in Quang Ngai ban a Panamanian-flagged ship from leaving after it spilled nearly 1,000 liters of oil at a local port. The Panama-flagged Chinese-owned Race Express belonging to Nova Shipping & Logistics Pte Ltd can only leave Dung Quat Port after its owners


ABS Elects New Council

abs_logoWEB.jpg

At the 150th Annual Meeting of the Members of ABS, three industry leaders were elected to the ABS Council. Following the Annual Meeting, the ABS Council met and elected industry leaders to both its Marine and Offshore Technical Committees. Individuals serving on the ABS Council and the Technical


Cargotec Secures Vietnamese Pipelayer with Mooring Solutions

A contract for mooring equipment for a pipelaying barge marks Cargotec’s successful entry to the Vietnamese offshore market. In July this year, Cargotec won a contract from the joint stock company Vinh Nam (VAM JSC)/TECMACH  to supply mooring equipment outfits for


Vietnamese Gov’t Acknowledges Shortcomings in Managing Shipbuilder

According to a report from Bloomberg and AFP, Prime Minister Nguyen Tan Dung and other leaders acknowledge “shortcomings” in managing the nation’s top shipbuilding company, Deputy Prime Minister Nguyen Sinh Hung said in a speech to the National Assembly


New Leader for Vinashin

According to an AFP report, Vietnam has named a new chairman to take over Vietnam Shipbuilding Industry Group (Vinashin), after the last head was arrested for driving the company into massive debt. Prime Minister Nguyen Tan Dung reportedly appointed Nguyen Ngoc Su


Troubled Shipbuilder has Another New Chief

According to a report from VietNamNet Bridge, there has been yet another change at the top at the Vietnam Shipbuilding Industry Corporation, with Truong Van Tuyen taking over as general director from acting chief Nguyen Quoc Anh. Tuyen, is a former general director of the state-owned Vietnam Oil


Lyngsø Marine Awarded Contract

Lyngsø Marine of Hørsholm, Denmark, a subsidiary of SAM Electronics, has been awarded a contract for supply of integrated automation packages for installation aboard a series of 14 54,000 dwt bulk carriers under construction at Hanoi-based Vinashin Group’s Dung Quat and Ha Long yards for


Vietnam Shipbuilding Expansion Moves On

It is being reported that the Vietnamese government has given approval in principle for STX Shipbuilding Co. Ltd of South Korean, to build a $500m shipyard covering 300 hectares in the Van Phong Economic Zone in Vietnam. Vietnam is keen to progress shipbuilding as a national champion and this


Shipbuilder to Invest $40m in Central Facilities

Vinashin will invest $40m into building ten facilities to support the Dung Quat Shipbuilding Industrial Plant in central Vietnam. Construction of the factories is scheduled to begin this quarter in the Dung Quat Economic Zone of Quang Ngai Province


Dung Quat Shipbuilding Wins $200m Contract

Dung Quat Shipbuilding Co. signed a US$200-million contract to build ten 54,000-ton cargo ships for Vinashin Oil and Gas Investment and Transport Joint-stock Co. The 190-m long and 32.26-m wide ships, estimated to cost some $20 million each


Vietnam Shipyard Builds Tanker for PetroVietnam

An affiliate of Vietnam shipbuilding giant Vinashin started work on the first of three 105,000 oil tankers under a contract last July with the state-run oil giant PetroVietnam. The $56m freighter to be 245m-long, 43m-wide and 20m-height will be built by Dung Quat Shipbuilding Industry Company


 
rss feeds | archive | privacy | history | articles | contributors | top news | contact us | about us | copyright