Page 82: of Maritime Reporter Magazine (March 1997)

FAR EAST UPDATE

Viet Porlex'97 Merges With Maritime

Vietnam For Asian Exhibition

Two renowned organizers of trade fairs —

Germany's Hamburg Messe und Congress

GmbH, and the Netherlands'Amsterdam RAI — have agreed to cooperate in the organiza- tion of maritime exhibitions in Asia. As a result of this collaboration, Viet Portex '97 — initially planned for November 1997 — will amalgamate with Maritime Vietnam in the

Maritime Vietnam In Conjunction With Viet

Portex '97 exhibition scheduled to be held in

Ho Chi Minh City, from April 16 to 18.

According to Wolfram Diener, project man- ager of Viet Portex '97, the events will merge to bring together the buyers and sellers of essential port, shipbuilding and waterway construction equipment and services so that

Vietnam can move ahead with its funded $300 billion Doi Moi investment strategy designat- ed to upgrade and expand its coastal and inland ports and waterways. Projects for the extension and creation of harbors have already started or are in planning stages, including: the deep-sea harbor Thi Vai-Vung

Tau, a $470 million project scheduled to be completed this year; Sao Mai Ben Dinh, a $637 million harbor located in Vung Tau; modernization and expansion worth $40 mil- lion in the Port of Saigon; development of harbors Cuo Lo, Xuan Hai, Quy Nonh, Nha

Trang and Dam Mon; and the addition of 16 containerships, two crude oil tankers and four bulk carriers worth an estimated $513 mil- lion. "Our intention is to provide a dynamic mar- ketplace where business can be conducted, shortcutting the long and tedious bureaucrat- ic process of establishing trade outlets in

Asia," said Mr. Diener.

The maritime industry sectors the show will target include companies involved in port con- struction, shipbuilding, repair equipment, port facilities administration, container and freight handling equipment, waterway con- struction, dredging, engines and propulsion systems, pumps and compressors, dock equip- ment, auxiliary machinery, navigation sys- tems, electronics, oil drilling and offshore technology. A conference program will be held in conjunction with the three-day trade exhi- bition, and a seminar of note will feature international and Vietnamese officials report- ing on all facets of the Vietnamese port expan- sion program. Hamburg Messe and

Amsterdam RAI expect an increased exhibi- tion volume in Vietnam as a result of their collaboration and plan to extend maritime trade fairs to Asian countries.

For information on Maritime Vietnam In

Conjunction With Viet Portex '97 contact:

Hamburg Messe und Congress GmbH,

Jungiusstrafle 13, D-20355 Hamburg,

Germany, tel: +49 40 35 69 21 92; fax: +49 40 35 69 21 87.

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Circle 264 on Reader Service Card Circle 282 on Reader Service Card (Continued from page 89) owned by SBM (FPSO 11), which is undergoing extensive upgrading involv- ing 800 tons of steel work, and the second contract involves the refurbishment and life extension onboard BHP Petroleum's 143,814-dwt Jabiru Venture.

A number of overseas companies, par- ticularly European interests, have also recently began projects in Southeast Asia.

Norwegian shipbuilder and engineering group Kvaerner has announced plans to acquire one or two shipyards in India or

China to build up its shipbuilding activi- ties in Asia.

Germany's Bremer Vulkan (BV) has found two potential buyers for its 51 per- cent majority stake in Shanghai Edwards

Shipbuilding Co. (SESC), according to sources close to the bankrupt Bremen shipbuilding group.

Both are based in Germany, and a deci- sion is likely within weeks. BV gained majority control of the yard in April 1995, when it acquired a $3.2 million stake from CSSC and its Zonghua Shipyard.

The remaining 49 percent in SESC is still held by Zonghua.

There is also a plan by South Korea's

Hyundau Mipo Dockyard (HMD) to open a building/repair yard in Vietnam, and a greenfield site has reportedly already been chosen.

Maritime Reporter/Engineering News