Vietnam shipyard builds oil tanker for PetroVietnam

An affiliate of Vietnam shipbuilding giant Vinashin Monday started work on the first of three 105,000 oil tankers under a contract last July with the state-run oil giant PetroVietnam.

The US$56 million freighter to be 245m-long, 43m-wide and 20m-height will be built by Dung Quat Shipbuilding Industry Company and have state-of-the-art equipment satisfying latest international maritime conventions.