Hanjin PH delivers two ships

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Hanjin Heavy Industries & Construction-Philippines (HHIC-Phil, Inc.) has delivered two more vessels this month, the 34th and 35th delivered from its Subic yard.

Crude oil tanker M/T Brightway was delivered to Modmal Shipping Limited of Liberia while bulk carrier M/V FMG Matilda was delivered to Belgium-based Bocimar Hong Kong Ltd.

Brightway’s future port of registry is Singapore and Matilda’s, Hong Kong.

Ship orders since the start of operations until 2016 have reached 56, worth $4.8 billion. Of the 56 orders, bulk carriers represent 36; container ships, 14; and tankers, 6.

Excluding the two recently delivered, HHIC-P has already delivered 18 ships while 38 more are still in the pipeline.

HHIC-P reported booking orders worth $935 million in 2011 alone and said it expects $1.28 billion in 2012.

Hanjin hopes to boost manpower to 25,000 this year after increasing this to 24,000 last year from 20,000 in 2010.