Inlaco sells ship for $1.015m

VNStockNews.com - International Labour & Services Joint Stock Co (ILC) reported selling the Inlaco Summer ship for $1.015 million according to the resolution of annual shareholders meeting.

The ship with the tonnage of 5,958 tonnes was built in 1983 in Denmark. Inlaco spent 14.729 billion dong buying the ship and started business operation on it from August 2007.

The ship was delivered by Inlaco to another buyer at Philippines' Manila port on December 29, 2009.

Recently, some maritime firms also sold ships such as Dong Do Maritime JSC (DDM) transferring Dong Ho ship for over $2.7 million (earning a profit of 32 billion dong), Vietnam Transport and Ship Leasing Co (VST) selling Hawk One ship for $1.484 million (a profit of $1.4 million).