Vinashin Pha Rung Corp. Made Debut

12:20:01 PM | 8/7/2008

Haiphong-based Pha Rung Shipbuilding Company under Vinashin Business Group has become a corporation from July 31.
 
The Vinashin Pha Rung Corporation, which is wholly invested by Vinashin Business Group, will have 27 members.
 
The corporation will directly carry out business and investment activities and contribute capital to other companies.
 
On the same day, the corporation launched a 34,000-DWT ship, the biggest-ever it has built for far.
 
The vessel, named San Felice, is 180 meters long, 30 meters width and can travel at 14 nautical miles per hour.
 
This is the fifth ship Vinashin Pha Rung built for the U.K.’s Graig Investments. (Vietnam Economic Times)