Hanjin launches 2 ‘world class’ cargo vessels in Subic Freeport
Two new world-class cargo vessels were launched Saturday in the Subic Freeport shipyard by the Korean shipbuilder Hanjin.Hanjin named the two cargo ships as MV Star Borealis and the MV Star Polaris, Business Mirror reports.
Armand Arreza, Subic Bay Metropolitan Authority (SBMA) administrator and CEO, said the Korean company has finished the ships’ assembly on time.
Arreza said the Hanjin employed nearly 20,000 Filipino workers in the assembly of the two cargo vessels.
Last year, Hanjin produced 10 ships, helping put the Philippines on the world map as the fourth- leading country in shipbuilding.
SBMA chairman Roberto Garcia said the Hanjin industry is one of the biggest foreign investors today with a gross income of at least $1.6 billion.
Garcia added that the Korean firm is eyeing to expand their operations as the SBMA has already reserved 200 hectares for additional facilities for the continuous expansion of the shipping industry.
Taek Kyun Yoo, Hanjin managing director, said Filipino skilled workers have leveled up their skills on ship building as they underwent training for three months.
Armand Arreza, Subic Bay Metropolitan Authority (SBMA) administrator and CEO, said the Korean company has finished the ships’ assembly on time.
Arreza said the Hanjin employed nearly 20,000 Filipino workers in the assembly of the two cargo vessels.
Last year, Hanjin produced 10 ships, helping put the Philippines on the world map as the fourth- leading country in shipbuilding.
SBMA chairman Roberto Garcia said the Hanjin industry is one of the biggest foreign investors today with a gross income of at least $1.6 billion.
Garcia added that the Korean firm is eyeing to expand their operations as the SBMA has already reserved 200 hectares for additional facilities for the continuous expansion of the shipping industry.
Taek Kyun Yoo, Hanjin managing director, said Filipino skilled workers have leveled up their skills on ship building as they underwent training for three months.