Song Thu Company News

Rolls-Royce announced that the largest capacity Syncrolift shiplift to be built in Vietnam is now officially open for service. The Syncrolift has been installed as an element of a new shipbuilding and ship repair development at New Song Thu shipyard. Rolls-Royce designed and supplied the Syncrolift, which acts like a large elevator that raises and lowers vessels in and out of the water for dry-docking ashore. It has a docking platform 98 meters long with a width of 20 meters, and a maximum net lifting capacity of more than 4,500 metric tons. This is the eighth to be installed in Vietnam.

A company of Vietnam's Defence Ministry and a Dutch industrial group on April 15 signed a 16 million-Eur contract to build four tug-ships, capacity of 5,000 HP each, for Europe. Under the contract, the Song Thu company will be responsible for the supply of materials and workforce while the Damen Group for designing, transfer of technology and the supply of main equipment. The deadline is fixed in August, 2006. At the signing ceremony, the two sides also discussed the possibility of buiding oil-spill responding ships and multi-functional ships for the oil and gas industry. (Source: www.vnagency.com.vn)