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SHINEC Builds Interiors for RAON

Maritime Activity Reports, Inc.

March 9, 2006

The Shipbuilding Joint Stock Company (SHINEC) has won a $200,000 contract to build the interiors for five ships owned by the RAON group of the Czech Republic. The work, covering wooden wall and floor planks, furniture, cupboards and lounge bars, is expected to last through the end of the year. The conversion of five ships owned by RAON into luxurious “floating hotels” is part of the largest-ever ship engineering project by the Republic of Czech, under the general European countries’ scheme to boost the country’s sea transport services and cruise travelling. The ships, after being upgraded, will become GOLFBOATs, opulent ships designed as 34-room hotels, each with modern amenities such as golf clubs and shops, indoor golf facilities, swimming pools and restaurants. The deal with RAON, together with an interior contract for the five-star EMERAUDE yacht, a contract to build 53,000-tonne freight ships for the United Kingdom and other ship interior export contracts, serves as evidence of SHINEC’s growing capacity and prestige. Source: Vietnam Agency

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