Hyundai Vinashin Hands over 6th Car Carrier to Norwegian Partner
The Hyundai Vinashin Shipyard Co., Ltd (HVS) has officially handed over the Hoegh Trader, a seagoing vessel designed for the transport of automobiles, to Norway’s Leif Hoegh & Co. Shipping Association.
The Hoegh Trader is the sixth of a total of eight vessels which HVS has agreed to upgrade for the Norwegian company, following the signing of a US$72 million contract in 2008.
According to HVS’ management, the Vietnamese company is refitting the car carriers to increase their holding capacity from 6,125 to 7,352 automobiles.
HVS continues to upgrade the remaining two car carriers to fulfill the terms of the contract, with the last of the vessels scheduled to be handed over in April 2009. (Vietnam & World Economy)
Vietnamese
