Oshima new yard delayed in Vietnam

A new project of Oshima Shipbuilding to build a new shipyard in Vietnam seems to be delayed.

According to a report by Toan Viet, the Japanese builder was planning to commence the yard construction from last month in Khanh Hoa located in the South Central Coast of Vietnam however the plan has been troubled due to unfinished site clearance of 304 hectares area.

Previously, the shipyard was planned to start operation starting in 2017 however the schedule looks to be somewhat postponed.

Meanwhile, Oshima was approved to construct a yard worth a $180m investment from the Vietnam authorities and is planning a newbuilding business, mainly focusing on medium sized vessels.