Hanjin Starts Building Container Ship
Hanjin Heavy Industries, Corp-Philippines, Inc. (HHIC-PI), switched on the steel plate cutting machine that signaled the start of its production. The first steel cutting ceremony was held at the newly-built HHIC-PI shipyard at the Redondo Peninsula. The HHIC-PI constructed the shipyard complex inside the 480-hectare land area in the peninsula with a committed investment of $ 1 billion and is expected to create around 30,000 jobs. Already lined-up for production are six units of 4,300-TEU container ships to be delivered to Diorxy Maritime Corp. in Greece in 2009. The second production line will be comprised of six units of 4,300-TEU ships intended for NSC Schiffartsgeselhaft of Germany.
Shipbuilding Facility to Rise in Subic Zone
According to reports, a modern domestic shipbuilding facility will soon rise in this premier Freeport zone. Subic Bay Metropolitan Authority chairman Feliciano Salonga, in a meeting with National Maritime Leasing Corp. president Agustin Bengzon, said the facility would create a synergy aimed at supplying the needs of the domestic shipping industry. Salonga said the partnership and mutual cooperation of SBMA and National Maritime Leasing, a subsidiary of National Development Co., would focus on the acquisition of affordable but more efficient cargo and passenger ships by local shipping operators. Shipbuilding has been included in the government’s Investment Priority Plan.