Vietnam to Build First Tanker

Wednesday, April 19, 2006
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, so that Vinashin can begin building the first 100,000 tonne oil tanker this July. Vinashin is now seeking supply of 4,000 tonnes of steel and iron. The corporation is also hiring 100 qualified engineers from local enterprises and 20 foreign experts from the Republic of Korea and Poland to advise on the project. Once launched in 2007, the tanker will transport materials and products to Dung Quat Oil Refinery. (Source: VietNamNet Bridge)

People & Company News

STX to Slash Jobs, Sell Yard

To stat above water by restructuring, South Korean Shipbuilder STX Offshore & Shipbuilding Co. plans to lay off about a third of its workforce and sell a yard in France, says a report in WSJ.

Kongsberg Performs Well in Q2

Norwegian defence and marine technology company Kongsberg Gruppen's second quarter 2016 (Q2) financial results shows sales performance broadly in line with recent trends,

Rickmers Holding, E.R. Capital Drop Merger Plan

Rickmers Holding AG and E.R. Capital Holding have jointly decided not to pursue the merger of their ship management activities.   For many years the companies

Tanker Trends

Hellenic Petroleum Profits Rise on Higher Exports

Hellenic Petroleum, Greece's biggest oil refiner, posted a 20 percent rise in second-quarter core profit on Thursday, with higher exports offseting lower refining margins.

Alfa Laval Launches DuroShell LPG/E Cargo Condenser

With the new Alfa Laval DuroShell plate-and-shell heat exchanger, Alfa Laval aims to strengthen its offering in LPG/E cargo reliquefaction with a construction that

Navy Discovers Malaysian Tanker

Indonesia's navy has found a tanker carrying almost US$400,000 worth of diesel that was taken by its own crew last week due to a commercial dispute, says a report in AFP.

 
 
Maritime Contracts Maritime Security Maritime Standards Navigation Offshore Oil Pod Propulsion Salvage Ship Repair Ship Simulators Shipbuilding / Vessel Construction
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: 0.0866 sec (12 req/sec)