Thursday, 6 January 2011

Aquino to grace Hanjin ship rites

Manila Bulletin

MANILA, Philippines (PNA) - President Benigno S. Aquino III will lead the blessing and naming of two bulk carriers built by Korean shipbuilder Hanjin Heavy Industries and Construction Co.-Philippines (HHIC-Phil.) for India’s Adani Shipping PTE.Ltd. in a ceremony that will be held Thursday at the HHIC Shipyard at the Subic Freeport Zone (SFZ) in Zambales.

Adani Shipping PTE. Ltd. officials led by company managing director Rajesh Adani, HHIC Chairman N.H. Cho, SFZ Administrator and Chief Operating Officer Armand Areza and provincial officials will join the President in naming M/V “Rahi” and M/V “Vanshi.”

The vessels, both 175,000 dead-weight ton (DWT) have hulls made of steel with overall length of 289 meters and a registered length of 279.98 meters.

Gross tonnage of each bulk carrier is 91,829.0 tons while the net tonnage is 59.082 tons.

HHIC-Phil., the world’s fourth largest shipbuilding facility, started its operations in the Philippines in 2006 with an initial investment of $ 721 million.

It has recently shifted to full-scale operation at its Subic shipyard after completing its facility expansion program in mid-2009.

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