Hòa Phát Dung Quất receives first tugboat from Netherlands

July 24, 2023 - 12:00

The Hòa Phát Dung Quất steel company has announced the reception of its first tugboat, built by Damen Group from the Netherlands, to serve the firm’s port system.

The tug boat received by the Hòa Phát Dung Quất Steel Company. — Photo courtesy of the firm

HÀ NỘI — The Hòa Phát Dung Quất Steel Company has announced the arrival of its first tugboat, built by Damen Group from the Netherlands, to serve the firm’s port system.

Established in February 2017, the largest member company of Hòa Phát Group – Việt Nam’s leading steel maker – is the investor of the Hoa Phat iron and steel complex at the Dung Quất Economic Zone, the central province of Quảng Ngãi.

According to Nguyễn Quốc Trinh, Deputy Director of Hòa Phát Dung Quất’s general port company, the tugboat fleet was previously outsourced. Recently, the company has built its own Azimuth-technology fleet with a capacity of up to 5,000 HP.

The purpose of such investment is to support the berthing and departure of cargo ships with a length of more than 80 metres, and to promptly respond to possible marine incidents and oil spills at the Dung Quất Economic Zone.

By the end of September, the company will receive another tugboat and put it into operation in December. — VNS

Canada Brand campaign begins

Economy

Bình Dương takes advantage of opportunities from EVFTA, UKVFTA

Economy

New trade policies of the UK Government to ease Việt Nam's exports

Economy

Thái Bình enjoys another successful year in FDI attraction

Economy

Cao Bằng, China’s Baise city forge stronger economic ties

Economy

Unlocking cooperation potential

More on this story

Economy

Vietnamese banks prove attractive to foreign investors

A number of Vietnamese banks are grabbing interest of foreign investors who are major banks or financial groups.

Economy

Shares expected to rise amid fluctuations within a narrow range

The market is forecast to continued its uptrend with alternative ups and downs in a narrow range next week, analysts have predicted.

Economy

Bắc Giang approves five industrial zones spanning 1,100ha

Bắc Giang Province's People Committee has just approved the planning project for five industrial zones spanning over 1,100 hectares.

Economy

Competition heats up in domestic confectionery market

Besides KIDO and PAN Group, the country’s confectionery market also has the participation of other big names such as Mondelez Kinh Đô (UK), Orion (Korea), and domestic brands such as Hữu Nghị and Hải Hà.

Economy

The first line of credit cards in the market that allows users to choose their features

The partnership with American Express to launch the first card in the market that allows users to choose their features helps VIB affirm its pioneering position in leading the card trend in Việt Nam.

Economy

Tây Ninh Province seeks way to promote socio-economic development

Tây Ninh is taking many measures now for socio-economic development, deputy chairman of the province People's Committee, Võ Đức Trong, has said.

Economy

Electric bicycles attract customers again

Demand for electric bicycles is on the rise, as more and more many companies are introducing new and better models, especially VinFast.

Economy

Standard Chartered empowers Vietnamese youth with financial education

Standard Chartered has collaborated with the NGO Aide et Action Việt Nam, successfully delivered fundamental financial management knowledge and skills to 50 youngsters aged 18-30 at the Vocational Training Centre, Provincial Youth Union and unemployed individuals from the Đà Bắc District in Hòa Bình Province.