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Friday, October 16, 2026

Binh Dinh Shipbuilding Losing Ground

Maritime Activity Reports, Inc.

October 22, 2008

During the ‘golden age’, the Hoai Nhon Seafood Joint-Stock Co received 15-20 contracts every year to build vessels of over 90HP.

However the age lasted all of five years, from 1998 to 2002. In the last three years it has had just 7-8 orders.

(Source: News)

With the advent of fuel transition, digitalization, AI and autonomy, innovation in vessel design and operation proceeds at unprecedented speed.
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