Hoa Phat Joint Stock : invests in building two new ships with a capacity of 24,500 tons

Recently, Hoa Phat Shipping Joint Stock Company signed a contract with Ha Long Shipyard to build 02 dry-bulk carriers with a capacity of 24,500 tons. This activity is part of a fleet development strategy to meet the Group's raw material and finished product transportation needs.

Hoa Phat invests in building two new ships with a capacity of 24,500 tons

At the signing ceremony, Director General Nguyen Tuan Anh of Ha Long Shipbuilding Company promised to ensure the commissioning of the ship proceeds according to the plan set by Hoa Phat.

These two dry-bulk carriers are expected to enter service in the fourth quarter of 2023 and help optimize the steel product production and supply chain in line with Hoa Phat Group's fleet diversification strategy.

In addition, Hoa Phat Shipping Company owns 03 large Kamsarmax series vessels ranging in tonnage from 80,000 to 90,000 tons, transporting bulk cargoes and serving one of Hoa Phat Group's transportation needs for coal and ore materials.

In the long-term strategy, Hoa Phat plans to have 15-20 vessels of all types to meet the growing demand for transportation of raw materials and finished products, especially after the completion of the Dung Quat 2 Integrated Steel Complex project.

HPG News