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Vietnam Shipping Lines (Vinalines) has taken 36 vessels from Vinashin, Vietnam's debt-mired state-run shipbuilder. The company acquired two transport firms and a 36-ship fleet from Vinashin after it collapsed under $4.5bn of debt. Vinalines will also spend about $26m to repair th
Vietnam Shipping Lines (Vinalines) has taken 36 vessels from Vinashin, Vietnam’s debt-mired state-run shipbuilder.
The company acquired two transport firms and a 36-ship fleet from Vinashin after it collapsed under $4.5bn of debt.
Vinalines will also spend about $26m to repair the vessels.
The Vietnamese Government is planning to transfer Vinashin-owned companies to PetroVietnam, another state shipowner, according to asiasis.com.
Prisma DI-5 and Prisma DI-5C Crankshaft Deflection Indicators
Blastcleaning Abrasives for Surface Cleaning
Insulation for Marine Engines and Exhaust