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Seven ships of Vinalines to be sold to pay crews

The sale of seven ships worth millions of US dollars that have anchored overseas for a long time of the Vinashinlines Ocean Shipping Company (a subsidiary of Vinalines) has been adopted. Vinalines leaders said on March 19 that the corporation had completed negotiations with related sides. "The creditors have agreed to share the difficulties, losses with and remove the arrest commands from our ships. As for the buyer, we have found some clients," a Vinalines official told the online newswire VNexpress. In regard to the support for the sailors who are keeping these ships, the Vinalines official said that the corporation does not abandon these crews. Most recently, in mid-February, Vinalines sent VND381 million ($19,000) for the crews of the ships that will be sold. In particular, the crew of the New Phoenix received VND91 million ($4,500), the Sea Eagle VND51 million ($2,500), the Diamond Way VND59 million ($3,000), the New Horizin VND104 million ($5,000). More at http://english.vietnamnet.vn/fms/business/69438/seven-ships-to-be-sold-to-pay-crews.html