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By Eddie O Barrita

A senior executive of a Cebu-based shipbuilding company said the Philippines is now the fourth largest shipbuilder in the world.

Jon Erramon Aboitiz, Tsuneishi president and chief executive officer (CEO), said that with the combined output of the Balamban, Cebu shipyard of Tsuneishi and Hanjin in Subic, “the Philippines has become the fourth largest shipbuilding in the world.”

Tsuneishi Heavy Industries Cebu Inc. (THICI) is a joint venture between Japan’s Tsuneishi Group and the Aboitiz Group, of which Aboitiz is also chairman of the board.

The company, established in 1994, builds bulk carriers, as well as car and truck carriers for international clients.

Aboitiz said the company started with less than 2,000 workers, but now employs 11,000 workers with an annual payroll of about P2 billion.

On Wednesday, President Benigno Aquino III went to the company’s sprawling shipyard in Balamban town, some 50 kilometers west of Cebu City, and commended the Filipino and Japanese joint venture for completing the largest ship ever built in the country, the mv Tenshu Maru.

The mv Tenshu Maru, a 180,000-DWT bulk carrier, stretches 286.9 meters long and 45 meters wide, with a gross tonnage of about 92,400.

In his speech after the ceremony of naming the mv Tenshu Maru, the president thanked Tsuneishi Heavy Industries Cebu, Inc. “for the jobs you have provided for our people, for the trust and confidence in our nation, and for expressing your solidarity with our agenda of hope.” - pna

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wolfpack823

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Re: The Philippines is now the fourth largest shipbuilder in the world
« Reply #1 on: November 11, 2010, 09:42:51 PM »
Does this mean anything to the lives of the people around the ship yard? I don't think so, they still have to work under subhuman conditions' their lives are still below poverty line.

But, at least they have a job.
"Men acquire a particular quality by constantly acting a particular way... you become just by performing just actions, temperate by performing temperate actions, brave by performing brave actions" (Aristotle)


Lorenzo

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Re: The Philippines is now the fourth largest shipbuilder in the world
« Reply #2 on: November 11, 2010, 10:08:47 PM »
Good to hear this!

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Re: The Philippines is now the fourth largest shipbuilder in the world
« Reply #3 on: November 12, 2010, 03:09:20 AM »
oi, article man diay ni atty. eddie barita. usa man sad ni siya ka mapinang-gaon sa mga boholano. paisano man sad ni nato. wala na raba mi maka-videoke ug balik ani nilang gabby.
"The difference between a smart person and a wise person is that a smart person knows what to say and a wise person knows whether or not to say it."

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Re: The Philippines is now the fourth largest shipbuilder in the world
« Reply #4 on: November 12, 2010, 03:18:22 AM »
Nice... tsur jud, ika-4rth ta?... Hmm... Well, in connection to this, I pray na dugangan ug pagtagad ang seguridad sa mga manlalakbay sa dagat para maminos-minosan na ang mga aksidente sa dagat kaysa nangaging mga tuig.
;)




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