Saigon Shipmarin Builds First Cargo Vessels for Japan
Saigon Shipmarin has won a bidding package to repair a 1,200-tonne floating crane and a ship for VietsovPetro. In addition, the company is repairing a 32,000-ton vessel for Singapore. To raise its capacity, the company has invested more than $40m in building a new shipyard, which is capable of building and repairing 70,000 tonne ships, in Soai Rap district of the Mekong delta province of Tien Giang. (Source: VNA)