Hanjin Heavy Industries and Construction Philippines information
South Korean shipbuilding company
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Hanjin Heavy Industries and Construction Philippines
Industry
Shipbuilding
Founded
February 2006; 18 years ago (2006-02)
Headquarters
Philippines
Areas served
Worldwide
Services
Shipbuilding
Number of employees
23,000 (2019[1])
Parent
Hanjin Heavy Industries and Construction
Korean name
Hangul
한진필리핀
Hanja
韓進
Revised Romanization
Hanjin Philippines
McCune–Reischauer
Hanjin Philippines
Hanjin Heavy Industries and Construction Philippines, also known as HHIC Phil, was a Philippines-based shipbuilding company established in February 2006 by Hanjin Heavy Industries and Construction of South Korea. In the same month, its first shipbuilding contract was signed for four container ships. In May 2006, the construction of a shipyard began on Redondo Peninsula, on the western edge of Subic Bay.[citation needed]
The first vessel "Argolikos" was delivered in July 2008 for the Greek ship owner Dioryx.[2] As of April 2011, the shipyard had delivered 20 ships. In 2013, the shipyard made its first oil tanker, and in 2016, it delivered its first gas carrier. The shipyard has also built parts of CALM buoys used for the Malampaya gas field offshore project. The shipyard also has two large dry docks.[3]
In January 2019, the company filed for the largest bankruptcy in Philippines history with unpaid loan obligations amounting to US$412 million.[4]
^Cite error: The named reference default was invoked but never defined (see the help page).
^"Hanjin Subic launches its first ship". April 28, 2008.
^"Hanjin delivers 2 new bulk carriers to Greek firm". Malaya. Archived from the original on September 27, 2011. Retrieved October 8, 2011.
^Sicat, Gerardo P. (January 16, 2019). "Hanjin Philippines shipbuilding bankruptcy". The Philippine Star. Retrieved September 17, 2023.
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