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Binay leads naming of 3 new ships in Subic

May 10, 2011

SUBIC BAY FREEPORT — Vice President Jejomar Binay led the naming and send-off of three new bulk carriers built by Hanjin Heavy Industries Corporation-Philippines (HHIC-Phil) Inc. here during the weekend.

Each of the vessels, which were named M/V Mineral Manila, M/V Mineral Subic and M/V Lake Dolphin, has a capacity of 180,000 deadweight tons and a net tonnage of 59,082 tons.
All three are 292 meters long, 45 meters wide and 24.75 meters deep.

M/V Mineral Manila was purchased by Bocimar International, while M/V Mineral Subic and M/V Lake Dolphin were acquired by Delphis NV. Both companies are subsidiaries of CMB Group, a conglomerate based in Belgium with high stakes in shipping.

Binay, in his speech, said the ceremony only shows how far the domestic shipbuilding industry has advanced and how it is making a mark in our national development.

“By the end of 2010, it was projected that the Philippines will rank fourth in the world in ship building. This is a great achievement for developing countries like the Philippines, as compared to those industrialized nations that have long been prominent in ship construction,” he said.

“By the manner in which HHIC-Phil Inc. is accelerating shipbuilding, we probably expect another major leap forward in the industrial development of the country,” Binay added.

Since it started its operations here in 2006, HHIC-Phil has already delivered 20 vessels to foreign clients and has orders booked until 2013.

Its Subic shipyard has the two largest dry-docks in the world and currently employs 22,000 skilled workers.
The naming ceremony was also attended by Zambales Governor Hermogenes Ebdane Jr., shipping conglomerate CMB Group managing director Marc Saverys, Bocimar International managing director Benoit Timmermans, and Delphis NV managing director Alexander Saverys.

Source: http://www.sunstar.com.ph/pampanga/local-news/2011/05/09/binay-leads-naming-3-new-ships-subic-154481

Residents of Manila and Angeles City Pampanga are looking for a safe and convenient place to celebrate special occasions or take a shot vacation in the Philippines. Many travel north to Clark to swim at Clearwater Beach Resort which also has lake and picnic grounds to unwind and relax, a very good way to spend quality time with the family and children. Fine dining Yats Restaurant offers sumptuous cozy Christmas dinner, for wine lovers, Clark Wine Center provides exciting shopping options.

Clark Philippines also known as Clark Freeport Zone is now the preferred destination for foreign and local investments because it offers many attractive advantages including tax, safety and its own international airport

The advantages for making the move from a country like UK, USA, Japan, Korea, Hong Kong, Singapore and Australia for example, to a country like Philippines are enormous. Heavily in your favor are factors like asset values differentials and substantial reduction in cost of living. Selling off your home probably gives you enough capital to not only live comfortably in a bigger property in Philippines but also to re-establish yourself in the business community by starting a business here too.

This web site contains articles and information that will be helpful to visitors, residents and tourists traveling out of town from Manila on a short getaway to Subic, Angeles City, Pampanga and Clark Philippines. There are several web sites that contain information that might also be pertinent to what is happening in North Luzon.

For assistance with organizing and planning weddings and garden receptions, log on to http://www.PhilippinesWeddingVenue.com

For assistance with lodgings, accommodations, hotels and resorts near Manila in Subic, Pampanga, Angels City and Clark Philippines log on to http://www.HotelClarkPhilippines.com

While in Clark, one might as well add to the itinerary a visit to the famous Clark Wine Center, the largest wine shop in Philippines which offers over 2000 selections of fine vintage wine from all wine regions, vintages spanning over 50 years covering all price ranges.

http://www.ClarkWineCenter.com

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