Vinashin Eyes Investments

Thursday, August 03, 2006
The Viet Nam Shipbuilding Industry Corporation (Vinashin) will need $2.5b to carry out projects under the strategy on ship exports until 2010. To meet the target of $1b evenue from ship exports in five years, Vinashin plans to invest in building and upgrading infrastructure of 10 large shipyards to make them capable to build 3,000-10,000 ton ships. It also plans to build seven shipyards, six shipbuilding industrial parks and seven shipbuilding industrial complexes in all of Vietnam. Vinashin will increase its investment and business capital through the Shipbuilding Industrial Financial Company. It will set up a financial leasing company, a securities company, an insurance company, and a shipbuilding industrial investment fund to attract domestic and foreign capital sources. The corporation will also invest in other fields like real estate, oil and gas, telecoms, tourism and insurance. (Source: Vietnam Economic Times)
Maritime Reporter June 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Shipbuilding

Regulations Threaten Superyacht Innovation

To increase innovation within the superyacht industry, designers need to work with flag states, classification societies and naval architects to ensure regulations are workable, as said by experts.

News Flash! Greek Shipowners Prefer Bulkers

The buying interest from Greek ship owners is focused on bulkers to an increasing extent, BIMCO said. Data from VesselsValue.com reveal that Greek owners were at

Private Equity Drives New Ship Buys

Ship Registries are an excellent bellwether of industry health and trends, and when Maritime Reporter & Engineering News sought answers to some topical questions,

 
 
Maritime Contracts Maritime Security Naval Architecture Navigation Salvage Ship Electronics Ship Simulators Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | 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: 0.1521 sec (7 req/sec)