..SUBIC BAY FREEPORT, Zambales - A bulk-carrier vessel worth $60 million was delivered by Korean shipbuilding company Hanjin Heavy Industry and Construction Co., Ltd.-Philippines (HHIC-Phil) to a British-Australian client during its naming ceremony held inside its facility in Redondo Peninsula, here.
The "M/V RTM Cartier", named after a French explorer and the second vessel purchased by Rio Tinto Shipping Ltd., measures 299.9 meters and weighs in 204,000 deadweight metric tons.
On the ship's send-off to its homeport is London in the United Kingdom (UK), HHIC-Phil President Jin Kyu Ahn commended the collaborative efforts and professionalism of those involved in the successful completion of the vessel.
"This new ship is equipped with modern technology and embodied the excellent craftsmanship of Hanjin shipyard's Filipino workforce," Jin said.
This is the second vessel delivered to Rio Tinto as it also purchased its first vessel from Hanjin, the "M/V Cook," a 204,000 deadweight metric tons bulk carrier, with an estimated value of US$ 60,000,000 and was delivered by the Korean shipbuilder on May, 2012.
The momentous event was witnessed by HHIC-Phil senior officials, Rio Tinto's top executives, and representatives from classification society Lloyd's Register.