Vietnam wins more orders

The Swiss-German company Proftech International has placed an order for two 37,600DWT handy-size bulkers with Vinashin, Vietnam?s state-owned shipbuilder. The newbuildings will be built at Vinashin?s Bach Dang shipyard and are scheduled for delivery in July 2007 and May 2008. The identity of the shipowner is not known but industry sources suggest it is a major European shipowner.