Holland’s Damen commissions 6 offshore wind power support vessels from Vietnamese firm

By Tri Duc
Fri, July 19, 2024 | 2:51 pm GMT+7

Dutch firm Damen has ordered six more commissioning service operation vessels (CSOV) from Quang Ninh province-based Ha Long Shipbuilding Company to serve offshore wind farms.

Both sides signed a contract on Thursday for the vessels priced at EUR10 million ($10.9 million) each.

The latest contract follows two signed by both firms in 2022 and 2023 for eight CSOVs.

Executives of Halong Shipyard Vietnam and Damen sign a contract in Quang Ninh province, northern Vietnam, July 18, 2024. Photo courtesy of Giao Thong (Transport) newspaper.

Executives of Halong Shipyard Vietnam and Damen sign a contract in Quang Ninh province, northern Vietnam, July 18, 2024. Photo courtesy of Giao Thong (Transport) newspaper.

As such, the Vietnamese firm will build a total of 14 CSOVs for Damen, acting CEO Tran Manh Ha said at the signing ceremony.

Each ship will be 88.6 meters long, 19.7 meters wide, 8 meters high, and have a gross tonnage of 6,700.

Building of the first of six vessels in the latest order is set to begin in January 2025 for delivery in November 2026. A ship is to be delivered every three months thereafter.

At Thursday’s contract signing, both firms also held a steel cutting ceremony for the seventh of eight CSOVs ordered previously.

Damen said some of the ships will be delivered to Windcat, a leading European offshore personnel transfer company with a fleet of 55 vessels.

The CSOV will be equipped with dual fuel hydrogen technology, which can not only help reduce carbon emissions substantially but also make Windcat a leader in the use of sustainable fuels.

Comments (0)
  • Read More
Taiwan’s top rubber firm TSRC to shut down southern Vietnam plant

Taiwan’s top rubber firm TSRC to shut down southern Vietnam plant

TSRC, formerly known as Taiwan Synthetic Rubber Corp., will cease all production activities at its compounding materials plant in Vietnam’s southern province of Binh Duong by the end of this year.

Investing - Sat, December 7, 2024 | 10:35 pm GMT+7

Tupperware Vietnam to cease operations on December 31

Tupperware Vietnam to cease operations on December 31

Tupperware Vietnam has announced that it will officially cease operations by the end of this year and already stopped supplying goods to its dealers.

Companies - Sat, December 7, 2024 | 10:08 pm GMT+7

Vietnam targets GDP growth beyond 10% in 2026-2030: Prime Minister

Vietnam targets GDP growth beyond 10% in 2026-2030: Prime Minister

Vietnam targets a GDP growth of 7% in 2024 and 8% in 2025, in order to prepare for an annual growth beyond 10% in 2026-2030, Prime Minister Pham Minh Chinh said at a monthly cabinet meeting on Saturday.

Economy - Sat, December 7, 2024 | 4:28 pm GMT+7

Vietnam 'best destination' for relocation from China to Southeast Asia: WHA exec

Vietnam 'best destination' for relocation from China to Southeast Asia: WHA exec

Vietnam is the “best destination” for relocation from China to Southeast Asia amid the “trade war” (between China and the U.S.) starting in 2018, said WHA Corporation CEO and chairperson Jareeporn Jarukornsakul.

Industrial real estate - Sat, December 7, 2024 | 3:13 pm GMT+7

Sunshine’s realty arm to acquire stake in developer of $206 mln resort in central Vietnam

Sunshine’s realty arm to acquire stake in developer of $206 mln resort in central Vietnam

A subsidiary of multi-sector corporation Sunshine Group JSC will acquire a significant stake in the developer of a VND5.23 trillion ($206 million) real estate project in Vietnam’s central province of Thua Thien-Hue.

Real Estate - Sat, December 7, 2024 | 1:17 pm GMT+7

Vietnam inflation up 3.69% in 11 months

Vietnam inflation up 3.69% in 11 months

Vietnam's consumer price index (CPI), an indicator of inflation, went up 0.13% from October to November and 3.69% in the first 11 months of this year.

Economy - Sat, December 7, 2024 | 11:05 am GMT+7

Major Vietnamese banks rush for share issuances to raise charter capital

Major Vietnamese banks rush for share issuances to raise charter capital

Major banks in Vietnam like BIDV, Vietcombank, and VietinBank, all state-controlled, are preparing to issue billions of shares in the near future to strengthen their capital base and meet capital adequacy ratio (CAR) requirements.

Banking - Sat, December 7, 2024 | 8:03 am GMT+7

Popular Vietnamese TikToker arrested for fraud, police seize $197 mln assets

Popular Vietnamese TikToker arrested for fraud, police seize $197 mln assets

Pho Duc Nam, a popular TikToker known as Mr Pips, has been arrested for allegedly masterminding a network to scam investors out of their money.

Society - Fri, December 6, 2024 | 10:47 pm GMT+7

FTSE Russell adds 2 Vietnam tickers to flagship index

FTSE Russell adds 2 Vietnam tickers to flagship index

Global index provider FTSE Russell has added two Vietnamese stocks to its FTSE Vietnam Index, the underlying index of the FTSE Vietnam ETF.

Finance - Fri, December 6, 2024 | 10:19 pm GMT+7

Leading global tourism enterprises hail Phu Quoc as 'Hawaii of the East'

Leading global tourism enterprises hail Phu Quoc as 'Hawaii of the East'

Over 70 representatives from leading global airlines, travel agencies, and online travel platforms recently gathered in Phu Quoc, Vietnam's largest island, for the famtrip program “Journey to Your True Paradise.”

Travel - Fri, December 6, 2024 | 10:10 pm GMT+7

Head of An Giang province economic zone arrested

Head of An Giang province economic zone arrested

Nguyen Bao Trung, head of An Giang province’s Economic Zone Management Board, was detained on Friday for “abusing position and power” to help the country’s largest illegal sand mining company.

Society - Fri, December 6, 2024 | 9:42 pm GMT+7

Thailand’s rice export goal for 2025 set at 7.5 mln tons

Thailand’s rice export goal for 2025 set at 7.5 mln tons

Thailand's Ministry of Commerce set a rice export target of 7.5 million tons for 2025, down from an estimated 10 million tons this year.

Southeast Asia - Fri, December 6, 2024 | 5:26 pm GMT+7

Energy China seeks LNG investments in Vietnam

Energy China seeks LNG investments in Vietnam

China Energy Engineering Corporation Limited (Energy China), one of the largest solution providers for the power industry in China, is eyeing to make investments in LNG-related power projects in Vietnam, says executive director Ni Zhen.

Energy - Fri, December 6, 2024 | 4:47 pm GMT+7

Indonesia to accelerate nuclear energy adoption

Indonesia to accelerate nuclear energy adoption

Indonesia has decided to accelerate the adoption of nuclear energy to enhance the country's energy security, with plans for future expansion, according to Minister of Energy and Mineral Resources Bahlil Lahadalia.

Southeast Asia - Fri, December 6, 2024 | 4:42 pm GMT+7

Thailand expects 40 million foreign tourists next year

Thailand expects 40 million foreign tourists next year

The Tourism Authority of Thailand (TAT) has forecast that foreign arrivals will reach 40 million in 2025 following the government’s measures to stimulate the economy and tourism.

Southeast Asia - Fri, December 6, 2024 | 4:40 pm GMT+7

Foreign tourist arrivals to Vietnam hit 11-month high, tally near year’s target

Foreign tourist arrivals to Vietnam hit 11-month high, tally near year’s target

Vietnam welcomed 1.7 million foreign tourists in November, marking a 38.8% year-on-year increase and the highest monthly figure since early this year.

Travel - Fri, December 6, 2024 | 4:12 pm GMT+7