Vinashin Affiliate Delivers 22,500-Ton Ship to Vinalines
Bach Dang Shipbuilding Co, an affiliate of the Vinashin Business Group, July 16 delivered a 22,500-ton cargo ship to the Vietnam Shipping Lines Corp (Vinalines)&rsquos Vietnam Petroleum Transport JSC, state media said.
 
The cargo freighter, Diamond, is the fifth under a contract to build 18 ships inked between the two companies, each worth around US$20 million, according to the local Labor newspaper.
 
The vessel, which is 153.2 meter long, 26 meter wide and 13.7 meter high, can travel at 14.5 nautical miles per hour.
 
On the same day, another Vinashins member, Ben Kien Shipbuilding Co., launched a 9,200-ton container vessel, which is the first among six ships that the firm will build for the Netherlands Seatrium Co.  
 
Vinashin has gained total revenues of VND8.7 trillion (US$543.7 million) in the first six months of this year, up 82.7 per cent on-year, said a company official. (Labor)