Thailand Buying 3 Chinese Subs

June 26, 2015

 Thailand plans to buy three Chinese-made submarines for the Royal Thai Navy at a cost of 355 million dollars each. 

 
Three Chinese-made submarines worth 355 million dollars each may be purchased by Thailand for its Royal Navy, the newspaper Bangkok Post reported today (Friday), citing a source in the country's procurement committee. 
 
The majority of the 17-strong committee voted to buy three Chinese submarines, saying it was the “best value for money”. The rest were split between submarines from Germany and South Korea. The navy also received offers from Russia, Sweden and France.
 
According to the source, the committee voted to buy the Chinese submarines because they are "equipped with superior weaponry and technology and are also able to stay underwater longer." 
 
Deputy Prime Minister and Defence Minister Prawit Wongsuwon backs the submarine project, citing a growing territorial threat and an increasing number of maritime missions. He said many neighbouring countries are also deploying submarines.
 
General Prawit said he would forward to the cabinet the navy’s submarine procurement decision once it becomes available.
 

Logistics News

DP World, Asian Terminals Inc. Invest $100M to Boost Capacity at Manila South Harbor

DP World, Asian Terminals Inc. Invest $100M to Boost Capacity at Manila South Harbor

PD Ports Outlines Plans to Develop UK Offshore Wind Hub

PD Ports Outlines Plans to Develop UK Offshore Wind Hub

DP World Begins $165 Million Expansion of Maputo Container Terminal Capacity

DP World Begins $165 Million Expansion of Maputo Container Terminal Capacity

Port Canaveral Invests $500 Million in Five-Year Port-Wide Improvement Plan

Port Canaveral Invests $500 Million in Five-Year Port-Wide Improvement Plan

Subscribe for Maritime Logistics Professional E‑News

Four US LNG cargos diverted from Europe to Asia
Ukraine's farm exports fell 23% month-on-month in April, according to lobby.
Media reports that Malaysian Petronas is accused of violating Sarawak State laws