Vinashin wins UK contracts

The Vietnam Shipbuilding Industry Group (Vinashin) secured two large contracts worth $800 million with their partners in the United Kingdom. The Vietnamese shipbuilding giant will build 25 ships worth $680 million for Graig Investment Limited. In the other contract, it will build a floating oil tank for the Vietnam Oil and Gas Corporation (PetroVietnam), worth $110 million, with Monobuyo Company, Petromaritime Consulting and London Maritime Consultants.