Subic shipbuilder bags two Capers

Subic-based shipbuilder Hanjin Heavy Industries and Construction-Philippines (HHIC-Phil) has signed a contract with Hsin Chien Marine, a Taiwanese shipping company, for the construction of two 180,000 dwt Cape-size bulk carrier vessels due for staggered delivery starting September 2011.

HHIC-Phil, which is now the largest shipbuilder in the Philippines and the fourth biggest in the world, employs about 17,000 people including a number of sub-contractors.

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