April Busy Month for HHHIC-Phil

April was a very busy month for Hanjin Heavy Industries Corporation Philippines (HHHIC-Phil) during which 11 newbuilding orders were secured.

HHHIC-Phil’s Subic Shipyard has won a contract to build four Very Large Crude Carriers (300,000 DWT) for Navig8 and two VLCCs + two 11,000 TEU container ships for another European company.

The total contract amount reaches up to $800 million. The new ships will be delivered from the second half of 2016 to the second half of 2017.

All in all, the company’s Subic Shipyard last year secured $2.9 billion in newbuild contracts, enough advance orders for three years of production, until 2017.

HHIC’s second yard, the Yeongdo Shipyard also managed to win bids worth approx. $200 million to build three 180,000DWT bulk carriers for several European shippers. The bulker trio is scheduled for delivery in 2016.

The shipbuilder has set a goal of winning a total of $3 billion in newbuild orders for this year.


hanjinsc, April 23, 2014

Share this article

Follow World Maritime News

In Depth>


<< Jan 2020 >>
30 31 1 2 3 4 5
6 7 8 9 10 11 12
13 14 15 16 17 18 19
20 21 22 23 24 25 26
27 28 29 30 31 1 2

The 9th Annual Event Green Shiptech China Congress 2020

The 9th Annual Event- Green Shiptech China Congress 2020 will be held on next…

read more >

Maritime Reconnaissance and Surveillance Technology

As varied threats in the Mediterranean Sea continue to proliferate, the need to advance…

read more >


Forum you will find out from the regulators, government bodies and major ports’ representatives what the near…

read more >

7th Annual Arctic Exchange

Every year the Exchange invites delegates from across the globe to come together to listen to key senior management teams…

read more >