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Vinashin and Damen to establish shipyard jv

Vinashin and Damen to establish shipyard jv

Hanoi: Vietnam Shipbuilding Industry Group has signed a contract with Netherlands based Damen Shipyards Group (DSG) to establish a new shipyard in Haiphong. The joint venture, Damen Vinashin Shipyard (DVS), will have an area of 42 hectares with a 500 metre waterfront and be capable of constructing vessels like tugs, workboats, high speed craft and offshore vessels mainly for the export market. DVS is an extension of the existing co-operation between Vinashin's Song Cam Shipyard and Damen and will be managed by the former.

Vinashin Chairman and ceo Pham Thanh Binh signed the contract with DSG coo Erik van der Noordaain the presence of the Ambassador of the Netherlands, André Haspels (pictured).  [08/02/07]

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