The Philippines-based HHIC-Phil’s Subic Shipyard made history in the world’s shipbuilding industry by holding a naming ceremony for five vessels at the same time.
The world record was achieved first by Hyundai Heavy Industries, which named five vessels at the same time in March.
However for HHIC-Phil’s Subic Shipyard, the simultaneous naming of five ships, even though the second in the world, is the first time such a milestone has been achieved in the Philippines.
The five vessels are eco-friendly 5,400TEU container carriers ordered by the global investor ‘Oaktree Capital Management’. They were named ‘Wide Alpha’, ‘Wide Bravo’, ‘Wide Charlie’, ‘Wide Delta’ and ‘Wide Echo’.
HHIC-Phil’s Subic Shipyard has entered the world’s top 10 for the first time last month, displaying a sharp growth. This year, it has already won the bids to build 300,000TEU Very Large Crude Carriers (VLCCs) and very large container ships (more than 10,000 TEU). The global shipbuilder has already booked enough advance orders for three years of production (approx. US 3.2 billion dollars, 50 ships).
An official from HHIC-Phil’s Subic Shipyard said, “Subic Shipyard targets to leap into the world’s leading shipbuilder by maximizing the efficiency of its production system through the establishment of a systematic two-track system which means that Subic Shipyard specializes in the production of large vessels and offshore plants while Yeongdo Dockyard focuses on mid-size and special-purpose vessels”.
Press Release, July 15th, 2014