HHIC Phil
| Hanjin Heavy Industries and Construction Philippines | |
The logo of Hanjin
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| Korean name | |
|---|---|
| Hangul | 한진필리핀 |
| Hanja | 韓進 |
| Revised Romanization | Hanjin Philippines |
| McCune–Reischauer | Hanjin Philippines |
Hanjin Heavy Industries and Construction Philippines, known as HHIC Phil, was established in February 2006 by Hanjin Heavy Industries and Construction of South Korea. In the same month, the first ship building contract was signed for 4 container ships. In May 2006, the construction of a shipyard began on Redondo Peninsula - on the northern edge of Subic Bay.
The first vessel "Argolikos" was delivered in July 2008 for the Greek ship owner Dioryx. As of April 2011, the shipyard had delivered 20 ships. Currently, a wide variety of medium and large bulk carriers are being built at HHIC and smaller off-shore projects like CALM buoys.
The shipyard has the two largest drydocks in the world.
As a part of its expansion process overseas, Hanjin Heavy Industries Corporation established what it envisaged to be the fourth largest shipyard in the world, in Subic - Zambales, Philippines. As of 2011 September, the shipyard employed 21,000 Filipinos. Its workforce was expected to increase to nearly 28,000 in 2016.
As of September 2011, HHIC Phil is the largest shipyard in the Philippines and one of the largest private employers in the country.
According to the New York Times article "Philippines Role May Grow as U.S. Adjusts Asia Strategy" of April 30, 2012: "On April 18, a subsidiary of Huntington Ingalls Industries, a United States defense contractor, announced a deal to work with Hanjin Heavy Industries, which maintains a shipbuilding and repair facility at the former base at Subic Bay. That opens the door to large-scale servicing of United States military ships there for the first time in almost 20 years."
In a news release announcing the deal, Huntington Ingalls said the companies “will work together in providing maintenance, repair and logistics services to the U.S. Navy and other customers in the Western Pacific region.”
Jeepneys and buses hired to HHIC transport workers daily and run between HHIC shipyard and the two close by towns - Castillejos and Subic. Most workers come from other parts of the Philippines and stay in boarding houses in these two towns. Two fast ferries owned by HHIC transport owners representatives from the Hanjin jetty (near All hands beach - SBMA) to the shipyard. Security to access the shipyard remains tight. The area is also strategically important to the Philippines armed forces, hence is protected by both - The HHIC Police as well as Philippines armed forces commandos.
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Wikipedia