Vietnam’s Vinashin Sells Four Ships Worth $110M

Monday, August 16, 2010

According to a report from Bloomberg, Vietnam Shipbuilding Industry Group sold four newly-built ships worth almost $110m, as the Vietnamese government tries to restructure and stabilize the state-owned company that almost went bankrupt due to losses. The shipbuilder, also known as Vinashin, is trying to complete ongoing ship-building projects.

(Source: Bloomberg)

Maritime Reporter July 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

News

Princess Cruises to Add New Ship to Fleet

Today, Princess Cruises, a subsidiary of Carnival Corporation & plc, announced that it has reached an agreement with the Italian shipbuilder Fincantieri to build a new ship,

Activity at Lerwick Harbor - Forecast

Increases in cargo, passengers and mackerel landings helped the Port of Lerwick achieve forecast traffic levels in the half-year to June, 2014, compared with the same period in 2013.

HII in $49.6 mi Deal for Work on USS George Washington (CVN 73)

Huntington Ingalls Industries (NYSE:HII) announced today that its Newport News Shipbuilding division has received a $49.6 million contract to begin planning

Vessels

Princess Cruises to Add New Ship to Fleet

Today, Princess Cruises, a subsidiary of Carnival Corporation & plc, announced that it has reached an agreement with the Italian shipbuilder Fincantieri to build a new ship,

HII in $49.6 mi Deal for Work on USS George Washington (CVN 73)

Huntington Ingalls Industries (NYSE:HII) announced today that its Newport News Shipbuilding division has received a $49.6 million contract to begin planning

Fraser Yachts' 5th Sale in 10 days

Fraser Yachts announced this morning its fifth yacht sale in just ten days. Whilst the summer period is traditionally a quieter time for yacht sales 2014 seems

 
 
Maritime Security Naval Architecture Offshore Oil Pod Propulsion Port Authority Salvage Ship Electronics Ship Repair Ship Simulators Sonar
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: 0.0934 sec (11 req/sec)