01:02, 25/02/2019

Opportunities for ship building supporting companies in Khanh Hoa

In 2019, ship building industry is rising again. The number of ships to be built will be opportunities for supporting enterprises for ship building.

In 2019, ship building industry is rising again. The number of ships to be built will be opportunities for supporting enterprises for ship building.
 
Sharp increase in orders
 
According to Vo Ngoc Tuan, general director of Cam Ranh Ship Building Co., Ltd., ship building orders for 2019 have increased year-on-year. The company expects a turnover of VND44 billion with 4 ships to be built and small boats as well as maintenance services. Espcially, the company is negotitating with partners from Norway about new orders
 
Hyundai Vinashin Shipyard Co., Ltd. (HVS) has started 2019 with forecast high growth. This year, HVS strives to build and hand over 18 ships with USD461 million in turnover. With such a big ship building orders, supporting enterprises will have a lot of orders. 
 
Doan Van Thach, director of Seyoung - Hoa Hiep Co., Ltd., said that with the number of ships to be built, orders for supporting companies will surely increase. Our company will supply materials and accessories for HVS. To prepare for the cooperation, Seyoung - Hoa Hiep Co., Ltd. has trained a staff of workers and engineers qualified for strict requirements of ship building. Machines for production have also been imported from Korea to produces auxiliary parts of ships.
 

 

Manyfacturing auxiliary items for ships at Hung Bao
Manyfacturing auxiliary items for ships at Hung Bao Co., Ltd.
 
Upholding strong points
 
At present, the whole Khanh Hoa Province has 13 supporting projects for ship building with USD19 million in foreign investment. For many years, local mechanic companies have been chosen by ship building companies. This can confirm the strength of the province in this field. 
 
Hung Bao Co., Ltd., H,T.H Co., Ltd., H & T Co., Ltd., Seyoung - Hoa Hiep Co., Ltd. and Jet Vina Co., Ltd. are evaluated to qualified for standards of Internation Marine Organization. 
 
According to Go Jin Young, General director of Hyundai Vinashin Shipyard Co., Ltd., the company has high expection on supporting companies in Khanh Hoa Province as the number of ships to be built has risen sharply this year and will rise more in following years. To help the supporting companies develop, HVS will support them in improving technologies, techniques, design drawing, etc. and even advancing for them to have good preparations for manuafacture.
 
Dinh Lam
 
Translated by T.T