• 2014 May 30 09:21

    Phil’s Subic Shipyard enters world’s top 10 shipyards

    According to Clarkson Research Studies in the U.K., the world’s leading shipping services provider, HHIC-Phil’s Subic Shipyard ranked 10th in the world for the first time in terms of Compensated Gross Tonnage (CGT) with 1,757,000. This landmark was hit in five years since it was launched in April 2009, the company said in its press release.

    It has no doubt that HHIC has been a pioneer in domestic shipbuilding industry, building Korea’s first steel vessel, oil rig, Asia’s first membrane LNG carrier, air cushion vehicle, cable ship and icebreaker. Because of economic crisis in 2008, emergence of Chinese shipbuilders and competitive competition, however, it felt behind.

    Thanks to the completion of HHIC-Phil’s Subic Shipyard, the Korean shipbuilder was finally able to overcome its limitation in building high value-added vessels. Empowered by the improvement of mid- and long-term competitiveness, HHIC has established its ground to develop into the world’s leading shipbuilder.

    Last month, HHIC-Phil’s Subic Shipyard won the bid to build the Very Large Crude Carrier (VLCC) for the first time. In the past, HHIC didn’t even attempt to participate in this kind of bid due to its narrow shipyard in Yeongdo.

    Entering this year, in particular, HHIC has been successful in several bids including 300,000DWT VLCCs and over 10,000TEU VCLSs. So far, the company has book advance orders (nearly US 3.2 billion dollars, 50 ships in total) for three (3) years. Now, HHIC is treated as one of the world’s leading global shipbuilders.

    HHIC-Phil’s Subic Shipyard is a global shipyard (900,000 pyeong) situated in Subic Bay Freeport Zone (SBFZ). It features all kinds of state-of-the-art facilities including two huge docks, 4km-long quay, four ultra-large gantry cranes and 1km-long automated assembly lines. In particular, the world’s largest dock (Dock 6, 550m in length, 135m in width, 13.5m in depth) is capable of building six container carriers at the same time.

    An official from HHIC said, “We believe that we would be able to move higher with the Subic Shipyard.” He added, “We are going to develop HHIC-Phil’s Subic Shipyard into a global hub for shipbuilding and make Yeongdo Shipyard concentrate on passenger & cargo carriers and special-purpose vessels to evolve into a global shipbuilder.”

2020 July 14

18:11 Wärtsilä contracted to deliver a scope of integrated solutions for CDWE's MIV
17:57 More States need to act on crew changes, says IMO Secretary-General
17:33 Throughput of Russian seaports in 6M’2020 climbed by 0.1% (detalization)
17:11 Alewijnse completes electrical installation TSHD Anchorage
16:46 Vladimir Putin signs the package of federal laws on the system of privileges in the Arctic
16:21 Mark Sickles named Interim CEO & Executive Director of DCA
15:55 Reconstruction of hydraulic facility No 9 of Tushinsky District’s HES obtains state expert approval
15:32 Green Yard Group takes over Kleven Verft business
15:04 Engineering and geological survey began for construction of Port Dalny terminal in Khabarovsk Territory
14:39 LISCR hires former USCG LNG expert to boost its global team
14:20 Young Russian sturgeon released to Volga as compensatory measure for dredging on Volga Caspian Canal
13:57 Rosmorport releases young keta salmon as compensatory measure for dredging in Shakhtersk
13:36 Straatman BV built solar-powered mooring systems for Port of Hamburg
13:12 ABB to power the world’s largest diamond recovery vessel for De Beers
12:48 Bunker prices are stable at the Far East ports of Russia (graph)
12:23 COMSAT bolsters Inmarsat network with increased C-band and L-band capabilities
11:55 IMO's informal discussions focus on cutting shipping’s carbon intensity
11:31 G3 Terminal Vancouver opens on Canada’s West Coast and transforms Canada’s grain supply chain
11:13 Further progress towards greener and safer ship recycling in Bangladesh reported at SENSREC meeting
10:50 Polish Ministry of Climate signs letter of intent on cooperation in the development of offshore wind energy
10:32 USCG investigates uninspected passenger vessel allision
10:07 Gdynia to be the installation port of Polish wind farms on the Baltic Sea
09:42 More information needed on the impacts of emissions trading in maritime transport
09:26 Oil prices decrease amid demand concerns
09:21 MABUX: Bunker market this morning, July 14
09:08 Baltic Dry Index as of July 13

2020 July 13

18:24 Canada joins Global Ocean Alliance
18:00 Interim report and independent audit of KS1437 Multipass Port project approved by related authority
16:59 Port of Ventspils (Latvia) handled 6.8 million tonnes of cargo in 6M’2020
15:32 Oboronlogistics ensures Northern delivery
15:04 Ørsted and Van Oord have successfully installed all array cables of the Borssele I & II offshore wind farm
14:21 Dublin Port throughput declines by 10.9% in the six months to June
13:53 FSUE Rosmorport’s revenue in HI’2020 grew by 6% YoY
13:30 Average wholesale prices for М-100 HFO grew to RUB 10,425 in RF spot market
13:04 CMA CGM announces FAK rates from Asia to the Mediterranean
12:41 CMA CGM announces FAK rates from Asia to North Europe
12:19 Tallinks’s vessel Romantika to offer two direct sailings from Riga to Helsinki this July and August
12:18 ISO releases environmental report assurance standard
11:55 NOVATEK reports preliminary operating data for the second quarter and first half 2020
11:32 KN increases the volume of biofuel handling
11:02 XELLZ acquires additional 100.000sqm to develop a Free Zone at Rosslare Europort
10:14 Gibdock completes an extensive two-vessel drydocking and maintenance project for returning customer Shearwater GeoServices
10:13 Port of Helsinki throughput in 6M’2019 fell by 9.2% to 6.6 million tonnes
09:58 The Fjords takes delivery of second all-electric passenger ship
09:49 Oil prices continue going down
09:32 RF Government to allocate RUB 320 million as support of shipping companies
09:10 Baltic Dry Index as of July 10
09:05 MABUX: Bunker market this morning, July 13

2020 July 12

16:21 Carnival Corp announces change in leadership team
15:38 UMS Skeldar gets contract to supply mine countermeasures drones system
15:23 Samson introduces the latest in mooring line innovation
14:19 Coast Guard halts 2 illegal charters near Star Island
13:41 Carnival Corporation's AIDA Cruises to restart sailing vacations in August
13:18 New OCIMF Committee structure
12:51 American P&I Club and ABS Consulting join forces to drive cyber awareness for maritime insurance
11:49 Royal Caribbean Group acquires remaining interest in Silversea

2020 July 11

15:28 Cox Powertrain celebrates as first 300hp diesel outboards roll off the production line ready for delivery
14:51 WCI names Tracy R. Zea as President & CEO
13:45 NOS expands its fleet with two additional M-Class vessels
11:37 Huisman to deliver 250mt Knuckle Boom Crane and 500mt Towing Winch for Nanhai Rescue Bureau