Independent journal on economy and transport policy
07:20 GMT+2
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Austal has bought Marine Philippine ship yard FBMA
the Australian group previews at the beginning to reactivate the plant of the next year
November 7, 2011
The navalmeccanico group Australian Austal has bought for seven million Australian dollars (USA 7,2 million dollars) Philippine ship yard FBMA Marine Inc. of the Aboitiz group that has stopped the activity gives about two years because of the lack of orders. Austal has announced that five million dollars will invest others in order to upgrade the Philippine shipbuilding plant, in which - if the orderbook it allows it - previews to begin to construct ships in the course of the first trimester of the next year.
Initially the yard, that it is situated in West Cebu Industrial Park di Balamban, in the province of Cebu, will appoint to a job some 30 people. "The yard - it has emphasized the managing director of Austal, Andrew Bellamy - is planned and realized in order to construct ships in aluminum of the dimension and the type that we preview to construct to you. The infrastructural improvements that we have in program with the current pool of expert craftsmen and local suppliers will afford to obtain the same safety, efficiency and elevated quality of the production that we have in ours other yards. Moreover the experience that we have acquired with the construction and mass in activity from zero of Austal the USA will reveal extremely precious in placing in exercise the plant".
"Currently - Bellamy has remembered - Austal has a pocketbook orders of about 1,8 billion dollars almost entirely relative to work in the field of the defense and of which 80% he is attributable to our activities in the USA. The new ship yard in the Philippine ones offers the appropriate base to us in order to ulteriorly increase the orderbook through the increase of the sale of commercial ships".
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The navalmeccanico group Australian Austal has bought for seven million Australian dollars (USA 7,2 million dollars) Philippine ship yard FBMA Marine Inc. of the Aboitiz group that has stopped the activity gives about two years because of the lack of orders. Austal has announced that five million dollars will invest others in order to upgrade the Philippine shipbuilding plant, in which - if the orderbook it allows it - previews to begin to construct ships in the course of the first trimester of the next year.
- Via Raffaele Paolucci 17r/19r - 16129 Genoa - ITALY
