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A Vietnamese shipyard continuously receives foreign orders and builds up to 10 ships for export. Is this a sign that the Vietnamese shipbuilding industry is returning to the global race stronger than many people think?
Pha Rung Shipbuilding Company has just held two important events at the same time, including handing over the 13,000 DWT chemical oil ship No. 4 named BS NGHI SON to the Korean shipowner and cutting plating to build a new ship No. 8 in the same series of orders of 10 ships.
The event not only has a simple production meaning but also shows that Vietnamese shipbuilding enterprises are gradually regaining trust from international customers, especially the Korean market, which is famous for its strict technical standards and quality.
️ Journey of a big contract
A series of 13,000 DWT chemical oil tankers were built according to orders from Korean partners.
The successful handover of ship number 4 means that Pha Rung has completed nearly half of the project.
At the same time, the cutting of ship No. 8's plating shows that the production line is still operating continuously with a stable progress.
This is an important signal because in the international shipbuilding industry, the ability to maintain consistent progress and quality across multiple products is a measure of a factory's true capacity.
New construction project progress
Item Number lUgh
Total number of ships ordered is 10
4 units have been delivered
6 units are being deployed
The ship has just cut plate No. 8
Chemical tanker segment
Load capacity 13,000 DWT
⚓ Why is this order noteworthy?
Unlike conventional cargo ships, chemical tankers require:
✅ Hull structure is highly resistant to corrosion
✅ Specialized tank system
✅ Strict environmental safety standards
✅ Complex cargo control system
✅ International certification from registration organizations
That means the technical value and economic value of chemical tankers are significantly higher than many common transport ships.
Significance for Vietnam's shipbuilding industry
For many years, the world shipbuilding market has been mainly dominated by countries such as Korea, China and Japan.
The fact that Vietnamese businesses receive contracts from Korean customers shows:
Benefits Impact
Enhance reputation Confirm technical capacity
Increase export revenue Bring foreign currency to Vietnam
Create jobs for thousands of technical workers
Technology transfer Access to international standards
Develop supporting industries Steel, mechanical engineering, marine equipment
The economic picture is broader
The global shipping industry is entering a fleet renewal cycle to meet environmental and fuel efficiency regulations.
International shipowners are increasingly looking for factories that are cost competitive but still ensure quality.
This is a great opportunity for Vietnamese shipbuilding enterprises such as Pha Rung, which possesses a force of skilled engineers and experience in implementing shipbuilding projects.Many export projects.
Estimated economic value
A 13,000 DWT chemical oil tanker in the international market can be worth from hundreds of billions to more than 1,000 billion VND depending on configuration, equipment and technical standards.
If all 10 ships are completed on schedule, the project can bring a huge source of revenue to businesses as well as the domestic supporting industry supply chain.
From a ship handover ceremony, the bigger story is that Vietnam's industrial production capacity is gradually participating more deeply in the global maritime value chain. When branded ships built in Vietnam are continuously exported to demanding markets, it is not only a success for a business but also a positive signal for the ambition to develop the national marine economy.
#Sea Economy #Industrial Export #Vietnam Shipbuilding #PhaRung #BSNghiSon #Chemical Oil Ship #Marine #Heavy Industry #Economic Growth #VietnamReaching Out to the Big Sea
