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Asia Pacific Tankers and Gas Shipbuilding

Hanjin Heavy yard in Philippines files for rehabilitation

HHIC-Phil will ask for court and creditor’s approval to restructure its debts in order to normalise its business. Subsidiary shipyard has 16 vessels on order, including 14 aframax tankers and two 80,200 cu m liquefied petroleum gas carriers

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Total assets of the Subic-based yard stood at about $1.64bn

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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