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.