VietNamNet Bridge – The Pha Rung Shipyard in the northern port city of Hai Phong on August 15 began work on its largest-ever cargo ship of 34,000 DWT and an oil tanker of 6,500 DWT.
As part of Pha Rung’s contract to build 8 cargo ships for Graig Invetments of the UK, the 34,000 DWT ship, worth $26.5 million, is designed utilising state-of-art technology and will meet all international conventions on maritime operation.
This is the most modern and largest ship that Pha Rung, a subsidiary of the Vietnam Shipbuilding Industry Corporation (Vinashin), has ever built, a company executive said, adding that the ship is expected to be handed over to its owner in 18 months.