Austal Forges Links with Thai, Vietnam Shipyards
Austal announce new strategic partnerships in the Asia-Pacific region to enhance its support to the US Navy & others in the region. Following on from the strategic partnership with Singapore’s Sembawang Shipyard Pte Ltd announced in January 2013, Austal has now secured similar agreements with Unithai Shipyard and Engineering located within Thailand's main international deep-sea port of Laem Chabang, and with the Cam Ranh Shipyard in Vietnam. Austal Chief Executive Officer Andrew…
Vinashin Inks Car Carrier Contract
The Nam Trieu Shipbuilding Industry Corporation (Nasico) under the Vietnam Shipbuilding Industry Group (Vinashin) on July 12 signed a contract to build a pair of ships, each capable of carrying 6,900 cars, for the Blystad group of Norway, according to a report on VOV news (http://english.vovnews.vn) The 200 x 32-m car carriers will be built to a design of DeltaMarin under the supervision of DNV of Norway. The first ship is expected to be completed and transferred in October 2013 and the other, in April 2014.
New Leader for Vinashin
According to an AFP report, Vietnam has named a new chairman to take over Vietnam Shipbuilding Industry Group (Vinashin), after the last head was arrested for driving the company into massive debt. Prime Minister Nguyen Tan Dung reportedly appointed Nguyen Ngoc Su, formerly deputy head of state-owned oil and gas firm PetroVietnam, to head the shipbuilder. He replaces Pham Thanh Binh, who was suspended in July and later arrested due to the group's debts,. (Source: AFP)
Vietnam’s Vinashin Sells Four Ships Worth $110M
According to a report from Bloomberg, Vietnam Shipbuilding Industry Group sold four newly-built ships worth almost $110m, as the Vietnamese government tries to restructure and stabilize the state-owned company that almost went bankrupt due to losses. The shipbuilder, also known as Vinashin, is trying to complete ongoing ship-building projects. (Source: Bloomberg)