Dozen agreements signed at Vietship 2018

Vietship 2018 saw 12 contracts and memoranda of understanding worth millions of dollars, marked increased co-operation between domestic and foreign partners.At the signing ceremony, six co-operation contracts were signed, including three contracts for building cruise ships between Halong Shipbuilding Company and three other partners.

Additionally, Bach Dang Shipbuilding Company signed a contract with  H.P.C Maritime JSC on the purchase of  a 22,500-DWT oil tanker, and Vietnam Shipbuilding Engineering JSC and H.P.C Maritime JSC signed agreements to convert their 22,500-DWT and 17,500-DWT vessels into tankers of similar capacity. Finally, there was one shipbuilding contract between 189 Co., Ltd. and GreenlinesDP Technology Co., Ltd.

Besides, other memoranda of understanding (MoUs) include building three fishing trawlers and four barges, building a 6,500DWT tanker, and building a new ship named Jetcat, among others.

“These are opportunities for Vietnamese and international enterprises to exchange technology, attract investment, and promote trade, as well as boost the development of Vietnamese shipbuilding,” said Deputy Minister of Transport Nguyen Van Cong.

The signed ceremony took place within the framework of Vietship 2018 in the presence of representatives from over 100 domestic and foreign enterprises attending Vietship 2018—the ninth international exhibition on shipbuilding, shipping, and offshore equipments, held by Shipbuilding Industry Corporation (SBIC) in Hanoi.

Since the first event in 2002, Vietship has become a convergence point for Vietnam and other countries to demonstrate advanced technologies in shipbuilding, marine equipment, shipping services, and marine and offshore engineering.