Graig Investments Ltd News

Graig Group is to build on its recent fifteen-ship order in Vietnam by developing series production of a full range of modern-design bulk carriers at Vietnam Shipbuilding Industry Corporation (Vinashin) yards. The series will range from handysize up to capesize. Speaking after announcement of the Strategic Alliance formed with Vinashin on Friday February 27, Graig CEO Hugh Williams said, "We see significant potential here in Vietnam, and we will be working together with our Vinashin partners to meet the growing demand for modern bulk carriers. The success of our Diamond 53 handymax project in China and in Vietnam proves that owners want well-thought-out and strong vessels at good prices. We will shortly be announcing new sizes of the Diamond range for Graig and its partners.