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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.


Gazprom, Vietnam Boost Cooperation in Energy Sector

Production offshore Vietnam. Neptune Discoverer drilling vessel

  The Gazprom headquarters hosted a working meeting between Alexey Miller, Chairman of the Company's Management Committee and Fam Suan Shon, Ambassador Extraordinary and Plenipotentiary of the Socialist Republic of Vietnam to Russia.


China Arrests Vietnamese Fishermen for Territorial Breach

  Six Vietnamese fishermen have been detained by the crew of a Chinese vessel in the South China Sea, officials of both countries said on Friday, the latest in a two-month fracas between the Communist neighbours over maritime sovereignty.


China Scolds Vietnam over China Sea Rig Row

China's top diplomat scolded Vietnamese officials during talks in Hanoi on Wednesday for "hyping up" a row over a Chinese oil rig drilling in disputed waters in the South China Sea, in tough comments that suggest relations will remain rocky.


China Never To Send Military To Oil Rig Spat With Vietnam

A Chinese official said on Friday that China will never send military forces to the scene of an increasingly ugly spat with Vietnam over an oil rig in the South China Sea and accused Hanoi of trying to force an international lawsuit.


China: No Military Force to Settle Oil Rig Spat

A Chinese official said on Friday that China will never send military forces to the scene of an increasingly ugly spat with Vietnam over an oil rig in the South China Sea, and accused Hanoi of trying to force an international lawsuit. China claims about 90 percent of the South China Sea


Xi Says China Won't Stir Trouble In South China Sea

Chinese President Xi Jinping

  Chinese President Xi Jinping has vowed not to stir up trouble in the South China Sea but said China would react "in the necessary way" to provocations by other countries, the official Xinhua news agency reported.


China Warns Japan, Philippines Chastises China

China warned Japan on Friday to stay out of a growing dispute with its neighbors over the South China Sea, as the Philippines implicitly accused Beijing of delaying talks aimed at a solution. China claims almost the entire South China Sea, rejecting rival claims to parts of it from Vietnam


White House Supports Legal action in South China Sea Dispute

The White House said on Thursday it would support the use of legal action by Vietnam against China to resolve a dispute after the deployment of a Chinese oil rig to disputed waters in the South China Sea. Vietnamese Prime Minister Nguyen Tan Dung said, in comments to Reuters


Vietnam Considers Legal Action Against China

Vietnam says will "resolutely defend its sovereignty." China says Vietnam making "irresponsible accusations" against it; Philippines submitted arbitration case against China in March. Vietnamese Prime Minister Nguyen Tan Dung said his government was considering various


Vietnam PM: Chinese Oil Rig Threatens Peace

China's positioning of its biggest mobile oil rig in disputed waters in the South China Sea seriously threatens peace, stability, and maritime safety, Vietnam's prime minister said on Wednesday, urging the international community to condemn Beijing's action.


Vietnam Stops Anti-China Protests After Deadly Riots, China Evacuates

Vietnam protest stops

  Vietnam flooded major cities with police to avert anti-China protests on Sunday in the wake of rare and deadly rioting in industrial parks that deepened a tense standoff with Beijing over sovereignty in the South China Sea.


U.S., China spar again on South China Seas dispute

China hit back at the United States over the disputed South China Sea on Tuesday, after U.S. Secretary of State John Kerry said recent Chinese moves in the waters were "provocative". Tensions rose in the resource-rich sea last week after China moved a giant oil rig into an area also


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






 
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