Vietnam: FSO Golden Star Receives First Condensate
Malaysia Vietnam Offshore Terminal's FSO Golden Star has received the first condensate at the Sao Vang and Dai Nguyet (SVDN) Project offshore Vietnam.MVOT is a 51% MISC Berhad (MISC) owned joint venture with PetroVietnam Technical Services Corporation (PTSC). The condensate delivery milestone was achieved on November 16, 2020, MISC said Friday. FSO Golden Star with a storage capacity of about 700,000 barrels of condensate was converted and sailed away from Malaysia Marine and Heavy Engineering’s West Yard on September 10…
NYK Invests in Tugboat Biz at Largest Port in Vietnam
NYK Line (Vietnam) Co. Ltd. acquired 15% of total issued shares of Thoresen Vinama Tug Co. Ltd. (TVT hereunder) and entered the tugboat business at Phu My and Cai Mep ports in Vietnam.TVT has two tugboats providing tugboat services at Phu My and Cai Mep ports, located in the suburbs of Ho Chi Minh and the largest ports in the nation in terms of import/export cargo and inbound/outbound vessels.NYK made this investment decision after considering the tugboat business in Vietnam, a country that has achieved remarkable economic growth in recent years…
Steinsvik Updates Its ShipConstructor Suite
SSI announced the recent sale of more ShipConstructor software to the Vietnamese office of Steinsvik, the major Norwegian aquaculture firm. Steinsvik Vietnam Co. Ltd. has upgraded its ShipConstructor design/engineering software to the latest version to maximize efficiency and effectiveness. The company has also expanded its SSI software investment to accommodate increased work. Among the many products and services that the global firm Steinsvik provides is the development and construction of feed barges for all types of fish farming. Robust and reliable platforms are essential in the rough conditions faced by modern aquaculture and Steinsvik prides itself on developing reliable and functional solutions that contribute to efficient operations and safe and comfortable working conditions.
Wärtsilä Opens Service Workshop in Vietnam
Inauguration of the new Wärtsilä workshop in Ho Chi Minh City, Vietnam. Mr Clas-Eirik Strand, Chairman of the board of Wärtsilä Vietnam, cuts the ribbon. Wärtsilä Corporation opened a new, fully-equipped service workshop close to Saigon port in Ho Chi Minh City, Vietnam. This is part of Wärtsilä's development of its business activities in the Vietnamese shipping, shipbuilding and power industries. Wärtsilä recently opened a new branch office in Hanoi. Wärtsilä has had a permanent presence in Vietnam since 1994 when it set up a representative office in Ho Chi Minh City. In 1998 Wärtsilä obtained a business licence to operate as a 100% foreign-owned service company and founded Wärtsilä Vietnam Co Ltd.
Wärtsilä Opens Office in Hanoi
Wärtsilä Corporation is expanding its representation in Vietnam by opening a branch office in Hanoi. Vietnam is a growing market for Wärtsilä's products and services to the shipping, shipbuilding and power industries. Wärtsilä has had a permanent presence in Vietnam since 1994 when it set up a representative office in Ho Chi Minh City. In 1998 Wärtsilä obtained a business license to operate as a 100% foreign-owned service company and founded Wärtsilä Vietnam Co. Ltd. The recent growth in world shipbuilding demand has led to the rise of Vietnam as a shipbuilding country and thus as a market for Wärtsilä products and services. Wärtsilä is already supplying engines and propulsion systems from its wide range of products for newbuildings at shipyards in Vietnam.
Wärtsilä Orders Propulsion Systems
Wärtsilä Corporation is gaining an increasing volume of business from Vietnam for ship propulsion systems. The latest contract to be awarded in April by Vietnam Shipbuilding Industry Corporation (Vinashin) is for propulsion systems to be installed in five chemical tankers to be built for Iason Hellenic Shipping Co Ltd, Greece, at the Pha Rung shipyard in Haiphong. The equipment will be delivered during 2008-2010. Each vessel will be equipped by Wärtsilä with a five-bladed fixed-pitch propeller of 4.30m diameter, shafting, stern-tube including seals and bearings and an intermediate shaft bearing. A greater scope of supply will be delivered by Wärtsilä to Vinashin for eight car carriers to be built for Ray Car Carriers Ltd, Israel.
