Dung Quat to deliver first oil tanker

Vinashin?s Dung Quat shipyard in the central province of Quang Ngai, Vietnam, is expected to complete its first oil tanker next year, having received strong financial commitments from foreign banks. The shipyard needs up to $300 million to build a 100,000 DWT oil tankers, and a number of large banks including Fotic Bank of the US and the Central Bank of China are backing the shipbuilder.