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Shipyard Group Eyes Expansion

Maritime Activity Reports, Inc.

May 21, 2007

A group of domestic shipyard operators belonging to the Metro Manila Shipyard Association, Inc. (MMSAI) is eyeing this premier Freeport zone as the site for its future expansion program to accommodate the growing fleet requirements of the local shipping industry, the Daily Tribune said. MMSAI president Edison Sy of Asian Slipways Corp. said that the existing ship repair and shipbuilding facilities being operated by its members along the Navotas-Malabon river system could no longer accommodate its expansion program and the Subic Freeport is the most viable site for this purpose.

The MMSAI which conducted site inspection here was headed by its president Edison Sy of Asian Slipway Corp., vice president Vic Ignacio of Elfa Shipyard Corp., members Joey Magallanes of Frabelle Shipyard Corp., German Calusay of RBL Shipyard Corp., Rolly Del Rosario and Jojo Sapit of Pier 44 Shipyard and Development Corp., Art Balahadia and Jun Pascual of Josefa Slipways, Juanito Acierto of R Shipyard and Realty Development Corp., Guillermo Yambao, Cornelia Bilongilot, and Priscila Cruz of RPR Slipways and Shiplift System, and Rey Coronel of Jocfer MarineCorp. Source: Daily Tribune

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