Britain To Build A ‘National Flagship’ To Promote Maritime Trade
by Alistair Smout (Reuters) – Britain is to build a new flagship to promote its business and trade interests around the world, the government said on Saturday, in a move it...
US-based crude oil shipping company Gener8 Maritime has taken delivery of the VLCC Gener8 Hector from Hanjin Heavy Industries and Construction’s Subic Shipyard in the Philippines.
The vessel marks the first Very Large Crude Carrier ever constructed in the Philippines. The vessel was delivered to its owner January 6, 2017.
“We are very pleased to welcome the New Year with the successful delivery of this state-of-the-art vessel to one of our valued clients overseas. This vessel gives us enormous pride as it is the very first Philippine-made VLCC; hence, another record-setting milestone for the Philippine shipbuilding industry,” said HHIC-Philippines President Chung Gwang-Suk.
“While the global shipbuilding market has experienced rough sailing over the past few years, HHIC-Phils., Inc. has taken exception as it continued to maintain its foothold in the international front, capitalizing on our technological advancements and highly skilled workforce to produce cost-efficient and most modern commercial vessels that range from bulk carrier to container ship, crude oil tanker and liquefied petroleum gas carrier,” Chung added.
For Gener8 Maritime the Gener8 Hector is the nineteenth of 21 “eco” VLCCs to be delivered into the company’s fleet. Upon delivery the vessel entered Navig8 Group’s VL8 Pool. The vessel measures 333 meters in length and is 297,363 dwt.
Gener8 Maritime was formed in 2015 following the merger of General Maritime Corporation and Navig8 Crude Tankers. As if January 12, 2017 the company’s fleet consisted of 42 wholly-owned vessels comprised of 26 VLCCs, including 2 newbuildings, 10 Suezmaxes, four Aframaxes, and two Panamax tankers.
HHIC’s Subic Shipyard is also building three 20,600 TEU containerships for CMA CGM.
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