Victor Huang News

Vigor Inks Deal for 80,000 Ton Drydock

Vigor signs deal for largest floating drydock in the United States. Vigor Industrial has reached an agreement with Daoda Marine Heavy Industry Company (DDHI) to purchase a new floating drydock for $40 million. At 960 feet long, with an inside width of 186 feet and a lifting capacity of 80,000 long tons, it will be the largest floating drydock in the United States. “We decided now is the time to buy because demand to service large vessels is growing and large drydock capacity in proximity to the US West Coast has diminished,” said Vigor Industrial CEO Frank Foti. The new drydock, set to be stationed in Portland, will be 300 feet longer than the largest drydock Vigor currently owns. It will be one and half times wider and will be able to lift more than triple the weight.

OW Bunker Strengthens Presence in Taiwan

OW Bunker, a supplier and trader of marine fuel, announced on July 3, 2012 that it has opened a new representative office in Taiwan. OW Bunker's new office in Taipei will be managed by Mr. Victor Huang, who has over 16 years of experience across the shipping industry. He joins the group from his previous position with NYK Taiwan. Mr Huang, who holds degrees in both Maritime Transportation and Maritime Law, has been appointed as Liaison Officer and will work in coordination with OW Bunker's existing team based at the Group's regional sales centre in Singapore.