SSIC Completes Largest Vessel

Maritime Activity Reports, Inc.

February 17, 2006

The Saigon Shipbuilding Industry Company (SSIC) handed over Wednesday a 6,500 tonne freighter to the Saigon Shipping Company. The Saigon Queen, which cost $7.2 million, is 103-m long and 17-m wide, and has a top speed of 23 km per hour, is the largest vessel built by the shipyard. On its maiden run, the ship will carry agricultural products to China. The SSIC, a subsidiary of the Vietnam Shipbuilding Industry Corporation, is building two more freighters of the same size for state-run shipping corporation Vinalines and the Can Tho Marine Transport Company. It is scheduled to hand over the vessels at the end of this year. The company has won contracts to build ships for Canadian and Danish companies. (Source: http://www.nhandan.com.vn/¬)
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