Myanmar Shipyards is currently repairing five vesssels and building one for Directorate of Water Resources and Improvement of River Systems, said General Manager Kyaw Kyaw from Myanma Shipyards Dong A joint-ventured company limited.

The Myanmar Shipyards transferred a new tugboat “Mhan Aung 4” to Myanma Port Authority (MPA) on November 11.

The tugboat was start built by Myanma Shipyards-AMECC Joint Venture Company Limited in February 2016 and finished in March 2017. The tugboat had a test drive in June and transferred to the MPA in November.

The Myanmar Shipyards was founded in 1970 as a state owned shipyards and it is running as a business company from 2013-14 FY.

It signed an agreement with Dong A Shipbuilding Industry JSC from Vietnam in January 2015 to establish Myanma Shipyards Dong A joint-ventured company limited and started the business in October 2015.

After that, AMECC Mechanical Construction JSC from Vietnam was included in the joint-ventured business and its name was changed to Myanma Shipyards-AMECC Joint Venture Company Limited to build vessels, river-crossing bridges and road-rail bridges.