Viet Nam’s Biggest Oil Tanker Worth US$48 million

According to the Vinashin Group, the Eastern Sea Transportation Company has just signed a US$48 million contract with 4 local banks to purchase what will be Viet Nam’s biggest oil tanker.

A timber tanker named Bango

Included among the banks involved in the contract are the Sai Gon – Ha Noi Commercial Joint Stock Bank, the Agriculture and Rural Development Bank, the bank of Investment and Development of Viet Nam (BIDV), and VinaSiam Bank (a Vietnamese – Thai joint-venture bank).

The Japanese built ship, named the Ganmur, has a capacity of 47,000 dead weight tonnes, features a double-hull design and is equipped with digital sea charts and global positioning system equipment.

By P.D– Translated by Bich Ngoc

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