Vietnam Builder Wins Ship Contract

Monday, October 10, 2005
The Pha Rung Shipyard Company, under the Vietnam Ship Building Industry Corporation (Vinashin), on Oct. 9 signed a contract to build five ships for the Forturne Marine Company of the Republic of Korea (RoK), according to a report from the Vietnam News Agency.

This contract is significant, as it is Vinashin's first contract to export ships to the RoK.

The 110 x 8.2 m, 6,500-ton ships will each cost approximately $11 million. Work for building the first ship is scheduled to begin in late 2005, with the ship transferred to the RoK 18 months later.

After successfully building the 6,300-toe ship, Cai Lan 2, the Pha Rung Shipyard Company has won two consecutive contracts to build eight ships to be exported to the United Kingdom and five others to the RoK.-Enditem. (Source: Vietnam News Agency (VNA))

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter July 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Contracts

LNG-fueled Bulker Ordered from Korea

Hyundai Mipo Dockyard (HMD) has signed a contract to build a 50,000 dwt bulk carrier with ILSHIN LOGISTICS. The project is a collaboration between POSCO and ILSHIN

Broad Declines drag Baltic Index down

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell on Tuesday on lower rates for capesize, panamax and supramax vessels.

MOL Makes Fleet-wide Migration to Fleet Xpress

Fleet Xpress will deliver data intelligence to drive smarter and greener shipping operations   26 July 2016: Inmarsat (LSE:ISAT.L), the leading provider of global

Shipbuilding

NASSCO Delivers Garden State to APT

Marking its seventh ship delivery in the span of just over a year, General Dynamics NASSCO has delivered the newly built ECO Class tanker Garden State for American Petroleum Tankers.

LNG-fueled Bulker Ordered from Korea

Hyundai Mipo Dockyard (HMD) has signed a contract to build a 50,000 dwt bulk carrier with ILSHIN LOGISTICS. The project is a collaboration between POSCO and ILSHIN

VesselValue.com: $28.4B Worth of Ships Delivered to Date

As the calendar now indicates we have passed the half year mark on 2016, VesselValue.com offers insight on the number and value of all the 2016 built vessels that

 
 
Maritime Careers / Shipboard Positions Maritime Contracts Maritime Standards Naval Architecture Navigation Pipelines Pod Propulsion Ship Electronics Ship Simulators Sonar
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0614 sec (16 req/sec)