Philippine yard gets VLOC octet
Korea’s Hanjin Heavy Industries’ shipyard in the Philippines, HHIC-Phil, has signed a newbuilding contract with an unspecified European shipowner to build eight 205,000 dwt bulk carriers worth around $500m in total.
HHIC-Phil, located in Subic Bay, has now secured a total of 19 newbuildings so far this year.
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