Hanjin has 43 ship orders until 2013
Hanjin Heavy Industries Corp.-Philippines has total ship order of 43 to last until 2013 according to president Jeong Sup Shim who said the company got a repeat order of 5 more ships from Dioryx Maritime Corp.
Hanjin last Friday launched MV Argolikos, the first container vessel built in Subic.
Dioryx in all ordered six ships worth $1.6 billion with the second ship set for delivery this November.
Dioryx chairman Dimitri Papadimitrou said the second ship is exactly the same as Argolikos 41,000 dwt with cargo capacity of 4,300 TEUs (twenty-foot equivalent units), length of 258.9 meters, a width of 32 meters, a height of 19 meters, and an actual speed of 24.6 knots. Four more vessels will be delivered in 2009.
"My company takes pride in being the first client of Hanjin," Papadimitrou said. He added the launching of the Argolikos ushers in "a new era for Hanjin and for the Philippines as well." President Arroyo led the naming ceremony on Friday, calling it "a milestone achievement in shipbuilding" and a showcase of excellence for Filipino ship workers. "We are elated and proud. This is the very first ship that sails out of the Hanjin shipyard - the largest ever built in the Philippines - is a marvelous showcase of sound engineering and design. It brings pride to its owner, it brings pride to its creator, and it brings pride to us as the host of its creation," the President said.
Hanjin has invested $1.7-billion in its shipyard, and is working on even expanding with the construction of its second drydock, expected to be finished next year.
Currently it has 13,000 workers which will reach 21,000 by 2010, said Subic Bay Metropolitan Authority (SBMA) Administrator Armand Arreza.
Hanjin's shipyard boasts d is truly world class. Hanjin develop a modular construction technology, which has improved construction time by 25 percent.
Arreza quoted Hanjin chairman Nam Ho Cho as saying, that 43 vessels are scheduled for delivery by 2013. Hanjin got orders from Europe, France, Germany and for Hanjin's own shipping lines in Korea.
President Arroyo conferred the Presidential Medal of Merit to Cho. With the full operation of the Hanjin shipyard, the Subic Freeport expects to double its export production to about $3 billion annually, according to Arreza
Hanjin last Friday launched MV Argolikos, the first container vessel built in Subic.
Dioryx in all ordered six ships worth $1.6 billion with the second ship set for delivery this November.
Dioryx chairman Dimitri Papadimitrou said the second ship is exactly the same as Argolikos 41,000 dwt with cargo capacity of 4,300 TEUs (twenty-foot equivalent units), length of 258.9 meters, a width of 32 meters, a height of 19 meters, and an actual speed of 24.6 knots. Four more vessels will be delivered in 2009.
"My company takes pride in being the first client of Hanjin," Papadimitrou said. He added the launching of the Argolikos ushers in "a new era for Hanjin and for the Philippines as well." President Arroyo led the naming ceremony on Friday, calling it "a milestone achievement in shipbuilding" and a showcase of excellence for Filipino ship workers. "We are elated and proud. This is the very first ship that sails out of the Hanjin shipyard - the largest ever built in the Philippines - is a marvelous showcase of sound engineering and design. It brings pride to its owner, it brings pride to its creator, and it brings pride to us as the host of its creation," the President said.
Hanjin has invested $1.7-billion in its shipyard, and is working on even expanding with the construction of its second drydock, expected to be finished next year.
Currently it has 13,000 workers which will reach 21,000 by 2010, said Subic Bay Metropolitan Authority (SBMA) Administrator Armand Arreza.
Hanjin's shipyard boasts d is truly world class. Hanjin develop a modular construction technology, which has improved construction time by 25 percent.
Arreza quoted Hanjin chairman Nam Ho Cho as saying, that 43 vessels are scheduled for delivery by 2013. Hanjin got orders from Europe, France, Germany and for Hanjin's own shipping lines in Korea.
President Arroyo conferred the Presidential Medal of Merit to Cho. With the full operation of the Hanjin shipyard, the Subic Freeport expects to double its export production to about $3 billion annually, according to Arreza