Tuesday, November 9, 2010

Philippines' largest ship set for launch

http://newsinfo.inquirer.net/topstories/topstories/view/20101109-302319/Philippines-largest-ship-set-for-launch




A Japanese-Filipino joint venture said Tuesday it has built the biggest sea vessel that will have ever sailed from a Philippine port.

The 287-meter (950-foot), 180,000-tonne bulk carrier Tenshu Maru is set to sail from the shipyard in the central port of Cebu on Wednesday, Tsuneishi Heavy Industries said.

President Benigno Aquino will be guest of honor at the launch, it added.

The vessel was built for the Japanese firm Chijin Shipping SA and will be registered in Panama.

Tsuneishi Heavy Industries in a joint venture between Tokyo's Tsuneishi Group and Cebu-based Aboitiz Group, the Philippines' leading shipping company.

The 16-year-old joint venture is among the biggest industrial employers in Cebu, with a labor force of 11,000 at its shipyard.

The firm builds bulk carriers as well as truck and car carriers for clients worldwide, and said it was fully booked for orders until 2013.

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