News & Event

Quote 67 decrees relating to shipbuilding

Quoted paragraph 1 of Article 4 of the decree 67 issued by the government. Newbuilding credit policy (shipbuilding steel casing used ...), upgrade ship as following details:

a) The upgraded shipbuilding should have 400 CV main engines or over; upgrade ships main engine capacity less than 400 CV of vessels with total capacity of 400 CV or more main engines and engine power upgrade for ships with a total capacity of 400 CV or more main engines for offshore mining and providing logistics services for offshore fishing.
 
b) Conditionality: The object of fishing activities effectively, have the financial capacity and specific production plan, is the People's Committees of provinces and cities directly under the Central Government for approval.
 
c) Limits on borrowing, lending and interest rates offset the difference in interest rates as follows:
- For the newbuilding logistics offshore operators, including machinery and marine equipment; machinery seafood preservation; storage of cargoes; cargo handling:
+ Where the ship building steel casing: ship owners could loan from commercial bank up to 95% of total investment with 7%/year, of which the ship owner to pay 1% / year, Budget State subsidy of 6% / year.
+ In case of timber ship building shell: Shipowners are commercial bank loans up to 70% of the total investment value of new building, with an interest rate of 7% / year, of which the shipowner to pay 3% / year, budget state subsidy of 4% / year.
- For the newbuilding offshore operators, including machinery, marine equipment; equipment for mining; fishing nets; storage equipment seafood:
+ Where the ship building steel shell, the shell materials are the main engine capacity from 400 CV to under 800CV: Shipowners bank loans up to 90% of the total investment value of building ships with a 7% interest rate / years, including ship owners pay 2% / year, the state budget subsidy of 5% / year.
+ Where the ship building steel shell, the shell of new materials with a total capacity of main engines 800CV older: Shipowners are commercial bank loans up to 95% of the total investment value of building ships with an interest rate of 7% / year, of which the shipowner to pay 1% / year, the state budget subsidy 6% / year.
+ In case of timber ship building shell: Shipowners are commercial bank loans up 70% of the total investment value of new building with an interest rate of 7% / year, of which the shipowner to pay 3% / year, Budget State subsidy of 4% / year.
+ In case of timber ship building shell and coated reinforcing steel casing, casing cover new materials for ships: Shipowners are commercial bank loans up to 70% of the total investment value of building ships with an interest rate of 7% / year, of which the shipowner to pay 3% / year, the state budget subsidy of 4% / year.
- To upgrade the ship with wood casing main engine capacity less than 400 CV of vessels with a total capacity of 400 CV or more main engines and engine power upgrade for ships with a total capacity of 400 CV or more main engines (machine parts supplement or replace the new machine is 100%): Shipowners are commercial bank loans up 70% of the total value of upgrading the ship, including the cost of reinforcing the hull, the cost of purchasing equipment and new fishing nets and fishing serve (if any) with an interest rate of 7% / year, of which the shipowner to pay 3% / year, the state budget subsidy of 4% / year.
 
d) Loan term: 11 years, including the first year and ship owners are not interest free liability, state budget subsidies for the interest of the shipowner is exempt for the first year of commercial banks.
 
e) Collateral: Shipowners are value mortgage assets formed from the loan as collateral to secure the loan.
 
f) Stable interest rates shipowners annual pay under the provisions of this Decree. The interest rate of 7% / year stipulated in this Article shall in the first year from the date of signing the loan subject to the commercial banks. When lending interest rates fell, the State Bank of Vietnam based real situation report to the Prime Minister corresponding downward adjustment. Where the interest rate level increases, treatment prescribed in Clause 4, Article 9 of this Decree.
 
Quote of the government decree 67



New product

  • BLACK STEEL BOX - GALVANIZED STEEL BOX

    A500 Gr.B – Gr.C, STKR400, STKR490, SS400, A36, S235JR , S275JR, SS490

  • LAP STEEL INOX

    SUS 201, SUS 204, SUS 301, SUS304, SUS 309, SUS310, SUS 316, SUS 316L, TP 316L, SUS321, SUS410

  • INOX STEEL PLATE

    SUS 201, SUS 204, SUS 301, SUS304, SUS 309, SUS310, SUS 316, SUS 316L, TP 316L, SUS321, SUS410

  • INOX STEEL TUBE

    SUS 201, SUS 204, SUS 301, SUS304, SUS 309, SUS310, SUS 316, SUS 316L, TP 316L, SUS321, SUS410

  • HEXAGONAL STEEL

    SCM440, 42CrMoA, 42CrMo4 , 4140, S10C, S17C, S20C, S25C, S30C, S38C, S45C, S50C, S58C, SS400, A36, Q345B, A572Gr.50, 15CrMo....

  • MECHANICAL STEEL

    SCM440, 42CrMo4, 4140, S10C, S17C, S20C, S25C, S30C, S35C, S38C, S40C, S45C, S50C, S55C, S58C, SAE 1050, SAE 1055, SCM415, SCM420 , SCM435, SCr420, Q345B, A572Gr.50….

  • SQUARE STEEL, STEEL PIPE

    A36, SS400, S235JR, S275JR, S355JR, S355J0, S355J2, Q235B, Q345B, A572 Gr.50…

  • MOLD STEEL

    S35C, S45C, S58C, C35, C45, C50, C58, CK55, SKD12, SKD61, SKD11, H13, P20, DAC, SUS420J2, NAK55, NAK80…

  • L-SHAPED STEEL

    Gr.A, Gr.B, SS400, A36, SS490 ,SM400A, SM400B, SM490A, SM490B, Q235B, S235JR, S275JR .. certified by ABS, DNV, BV, NK

  • V-SHAPED STEEL

    Gr.A, Gr.B, SM400A, SM400B, SS400, A36, SS490, SM490A, SM490B, Q235B, S235JR, S275JR ..certified by ABS, DNV, BV, NK, .....

  • U-SHAPED STEEL

    SS400, A36, Q345B, SS400, Q235B, S235JR, SM400A, SM400B, SM490A, SM490B, A572Gr.50

  • C-SHAPED STEEL

    A36, SS400, Q235B, S235JR, SM400A, SM400B, SM490A, SM490B, Q345B, A572Gr.50…

  • I-SHAPED STEEL

    A36, SS400, Q235B, S235JR, SM400A, SM400B, SM490A, SM490B, Q345B, A572Gr.50…..

  • RECTANGULAR STEEL BOX

    A500 Gr.B – Gr.C, STKR400, STKR490, SS400, A36, S235JR, S275JR,Q345B, SS490, S355J0H, S355J2H

  • SQUARE STEEL BOX

    A500 Gr.B – Gr.C, STKR400, STKR490, SS400, A36, S235JR, S275JR, Q345B, SS490, S355J0H, S355J2H ….

  • SHIPBUILDING PLATE

    Gr.A, Gr.B, AH32, AH36, AH40, DH32, DH36, EH32. EH36, ASTM A36, certified by ABS, DNV, LR, NK, GL, BV, CSS....

  • CARBON STEEL PLATE

    S10C , S15C, S17C, S20C, S22C, S28C, S30C, S33C, S35C, S38C, S40C, S43C, S45C, S48C, S50C, S53C, S55C, S58C, C20, C22, C35, SM25C, SM30C, SM35C, SM40C, SM50C, SM58C….

  • GENERAL STRUTURAL STEEL PLATE

    A283 Gr.A - Gr.B, A283 Gr.C, SS400, SM400A, SM400B, SM400C, SS490A, SS490B, SM490A, SM490B, SM490YA, SM490YB, S235J0, S235JR, S275JR, Q235A, Q235B.....

  • HIGH-TEMPERATURE STEEL PLATE

    A515Gr.60, A515Gr.65, A515Gr.70, A516Gr.60, A516Gr.65, A516Gr.70, A387Gr..2., A387Gr.11, A378 Gr.21, A283Gr.A /Gr.B/ Gr.C/ Gr.D, Q245R, Q345R, P235GH, P265GH, P295GH, P355GH, SB410, SB450, SPV235, SPV410, A285 Gr.A/ Gr.B/ Gr.C, A537 Class 1/ Class 2/ Class3. API 2W-60

  • ABRASION RESISTANT STEEL PLATE

    AR400, AR450, AR500, MN360, NM400, NM450, NM550, HARDOX 400, HARDOX 450, HARDOX 500, JFE- EH400, JFE- EH450, JFE- EH500, XAR 400, XAR 450, XAR 500, ABREX 450, ABREX500 …

  • HIGH STRENGTH STRUCTURAL STEEL PLATE

    S355J0, S355JR, S355J2+N, SS540, S355J2G3 , A572Gr.50, A572 Gr.55, A572Gr.60, Q345B, Q345C, Q345D, SM570, S355K2G4, SM490YA, SM490YB, A709Gr36, A709Gr.50, A709Gr.50S…

  • H-SHAPED STEEL

    Q235B, A36, SS400, S235JR, SM400A, SM400B, SM490A, SM490B, Q345B, A572Gr.50…..