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Tsuneishi’s Cebu shipyard eyes increased production

Tsuneishi Heavy Industries (Cebu) Inc. in the Philippines is aiming to construct up to 30 ships a year as it plans to expand its shipbuilding capacity.

Lee Hong Liang, Asia Correspondent

May 15, 2015

1 Min Read
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Akihiko Mishima, recently appointed as the new president of Tsuneishi Heavy Industries (Cebu), said the shipyard will deliver 18 ships this year, all of which are dry bulk carriers with capacity ranging from 35,300 dwt to 180,000 dwt.

“Since the completion of the first ship, Sea Amelita, in 1997, the capacity to build the number of ship orders gradually increased and new Tsuneishi ship brands were produced. This year, we aim to do more and better than we have in the past years,” Mishima said.

Mishima added that the yard eventually aims to build 25 to 30 vessels per year with increased capacity. This capacity to build more started in 2005 when former Philippine president Gloria Macapagal-Arroyo inaugurated slipway number 2. In 2009, the newbuilding dock was completed.

From these facilities, the production capacity increased to an average of 20 ships per year.

Tsuneishi Heavy Industries (Cebu) is a joint venture between Japan’s Tsuneishi Group and Aboitiz Group.

About the Author

Lee Hong Liang

Asia Correspondent

Singapore-based Lee Hong Liang provides a significant boost to daily coverage of the Asian shipping markets, as well as bringing with him an in-depth specialist knowledge of the bunkering markets.

Throughout Hong Liang’s 14-year career as a maritime journalist, he has reported ‘live’ news from conferences, conducted one-on-one interviews with top officials, and had the ability to write hard news and featured stories.

 

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