Seatrade Maritime is part of the Informa Markets Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Vinashin and MacGregor jv to start operations

Vinashin and MacGregor jv to start operations

Hanoi: A $5.4m metal components and handling equipment joint venture between state-run Vietnam Shipbuilding Industry Group (Vinashin) and Finnish engineering specialist the MacGregor group has received a license to start its operations at the Vihashin-Shinec industrial zone (VSIZ).

Vinashin owns a 51% majority in the venure named 'The MacGregor-Vinashin Maritime Equipment Company". Under the terms of the jv, the companies will invest $16.3m to build a factory at VSIZ to manufacture approximately 30,000tonnes worth of cranes and other equipment for domestic and international customers when running at full capacity by 2010.  [18/09/07]

Hide comments


  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.