Society

Southern province launches first Government-sponsored steel vessel

Southern Ba Ria-Vung Tau province’s first steel vessel built under a Government decree supporting fisheries development is set to go on its maiden voyage on May 26.
Southern Ba Ria-Vung Tau province’s first steel vessel built under aGovernment decree supporting fisheries development is set to go on itsmaiden voyage on May 26.

The logistics ship, BV99999 TS, owned by Gia Han Fishery Logistics Co. Ltd, will carry fueland basics for fishing vessels at sea, said Tran Phong Ba – Director ofGia Han company.

The vessel, 54m long and 10m wide,is equipped with two 822CV engines and modern facilities such as radar,the global positioning system, and digital map.

It is able to carry 400 tonnes of seafood, 100 cu.m. of fresh water, and 250 tonnes of diesel oil.

The ship was built at a cost of 35 billion VND (1.66 million USD), 30billion VND of which was loaned under concessional terms by the BaRia-Vung Tau branch of the Bank for Investment and Development ofVietnam.

The Government’s Decree 67/2014/ND-CP,taking effect from August 25 last year, provides basic policies toencourage fishermen build high-capacity and steel ships capable offishing offshore, a practice that could earn fishermen higher incomesand at the same time contribute to protecting the country’s territorialwaters.

As many as 2,079 new off-shore fishing shipsand 205 logistics ships will be built under the Decree, according tothe Ministry of Agriculture and Rural Development.-VNA
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