By GMM Technologies | 2024-09-25 | Ship Building News |

Dung Quat Shipbuilding Industry Company (DQS) has just held a plating ceremony for the first ship in a series of 5,000 DWT multi-purpose ships for the owner of Handelskade (Netherlands). Mr. Nguyen Hong Chien – Deputy General Director of DQS said that the series of 5,000 DWT ships newly built at DQS this time has 4 ships, with hull symbols according to the DQS-01 design; DQS-02; DQS-03 and DQS-04. The vessels will have an overall length of 99.96m; 13.6m wide; side height 6.80m; Design draft is 5.20m. The ship is designed by designer CMT ENGINEERING (Romania) and classified by RINA Register (Italy).

This is a new contract after decades of Dung Quat Shipyard. It is known that DQS is currently the managing unit of Dung Quat shipyard, established by the Shipbuilding Industry Corporation in 2006. Implementing Vinashin’s restructuring policy, since July 2010, Vinashin has discussed Transfer DQS to Vietnam Oil and Gas Group (OVN). Currently, about 1,200 people work here.

When newly built, Dung Quat Shipyard was expected to be a “giant”, shouldering the mission of making Vietnam one of the shipbuilding powers in the region and the world.

Dung Quat shipyard has a design capacity of phase I with the goal of building about 600 thousand tons of new ships/year; Phase 2 increases new construction capacity to 1.1 million tons/year. However, the world economic crisis and mistakes from Vietnam Shipbuilding Industry Group (Vinashin) turned DQS into a desolate factory when it was transferred to PVN in 2010. After receiving, PVN has restructured Dung Quat Shipyard to maintain and continue operations. Noted, PVN has invested 1,915 billion VND in charter capital in DQS, supporting nearly 3,500 billion VND to repay bank debt. Since PVN took over, DQS has converted, built and repaired a series of domestic and foreign boats.

In 2023, this factory belongs to the group of 12 loss-making and weak projects that the industry and trade sector is directed by the Government to actively remove. PVN also proposed to bankrupt Dung Quat shipyard and suffer a loss of 5,000 billion VND.  Thus, the new shipbuilding news is a bright spot for the Factory. After 13 years after the last ship was built at DQS, DQS also won a contract to build 4 new container ships with a tonnage of 5,000 DWT running on clean energy – hydrogen.