Vietnam's state-owned shipping firm Vinalines has commenced building a ship repair factory in the country's southern Tan Thanh district in Ba Ria-Vung Tau province, Seatrade Asia online reports. The $314m facility boosts a capacity of 100,000 dwt.
The number of ships that needs to be repaired in Vietnam is about 250 a year. That number is set to increase to 390 ships a year by 2020.
Existing ship repair yards in Vietnam are only capable of meeting 20% of the demand.
The number of ships that needs to be repaired in Vietnam is about 250 a year. That number is set to increase to 390 ships a year by 2020.
Existing ship repair yards in Vietnam are only capable of meeting 20% of the demand.