Page 24: of Maritime Reporter Magazine (December 1996)

Merchant Marine for four such ships, and with Kuwait Oil Tanker

Co. (KOTC) for two VLCCs.

HHI has increased its orderbook for large containerships with three more 4,300-TEU vessels from

Denmark's AP Moller. The yard already has four such vessels on order. Daedong Shipbuilding has won an order for an additional

Panamaxbulk carrier from Four

Seasons Overseas to be built at the recently-completed Chinhae

Shipyard.

South Korean industrial con- glomerate Hanbo Group is consid- ering investing $1 billion in a ship- building and repair facility in the

Philippines. This was announced by the Philippine Board of

Investments (Bol), a government agency tasked with promoting the

Philippines as an investment side and providing tax incentives to pri-

Circle 255 on Reader Service Card 58 ority industries. According to Bol's

Korean desk officer Angie Cayas,

Hanbo is in the process of looking for an ideal site for the labor inten- sive project which is expected to generate 20,000 jobs.

Classification society Germani- scher Lloyd (GL) has opened an office in Busan, South Korea. The new office is headed by Heinz

Wagner, who is GL's principal sur- veyor in South Korea.

Hopes for new orders by Taiwan's

China Ship Building Corp. (CSBC) hang on current negotiations with local boxship owner Yangming

Marine for a series of six 4,800 to 5,000-TEU vessels, scheduled for delivery in 1998.

Mainland China's China Ocean

Shipping Co. (COSCO) has been busy in the newbuilding market with orders for two Panamax and three 47,500-dwt bulk carriers, all from Hudong Shipyard, Shanghai.

Bangkok's Myanmar Shipping has also been active in mainland China with an order for two 12,000-dwt general cargo vessels from

Xingang Shipyard, Tianjing.

Singapore's Steamers Maritime has increased its order for 746-

TEU gear containerships from

Jinland Shipyard from four vessels to six.

During the year ending

September, Thailand's Unithai has drydocked of 39 vessels for owners from Greece, Japan, Poland,

China, Norway, Cyprus, the U.S. and Thailand. Included in this work was the yard's first cargo tank blasting and coatings con- tract, the re-activation of a Greek

OBO from dry bulk to a tanker, and the drydocking of the Royal

Thai Navy's largest frigate.

Meanwhile, the yard's expansion program continues with the com- pletion of a new 3,500-sq.-m steel fabrication shop, which will be fully operational by the end of this year.

A 5,990-ton lifting capacity syn- crolift has been ordered by

Indonesia's PT Batamas Jala

Nusantara, a division of Sanwa

Singapore Agencies.

Since opening a new 984 x 203 x 39-ft. (300 x 62 x 11.9-m) graving dock during March 1995,

Guangzhou Wenchong Shipyard, located at Guangzhou near Hong

Kong, has successfully moved into the international market. This year the yard has repaired 93 ships, of which only 10 percent were originally built in China. The largest was Zodiac Maritime's 201,227-dwt bulk carrier Brazil

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