Austal Philippines Shipyard
| Austal Philippines Shipyard | |
|---|---|
_(cropped).jpg) | |
 | |
| Location | |
| Country | Philippines |
| Location | West Cebu Industrial Park, Balamban, Cebu |
| Coordinates | 10°27′46.3″N 123°41′18.9″E / 10.462861°N 123.688583°E |
| Details | |
| Opened | 1997 |
| Operated by | 1997–2009: FBM Aboitiz Marine 2011–present: Austal |
| Size | 120,000 m2 (1,300,000 sq ft) (land area) |
| Statistics | |
| Website philippines | |
The Austal Philippines Shipyard is a shipyard in Balamban, Cebu, Philippines ran by the Philippine subsidiary of Australian firm Austal. It is one of the shipyards operating in the municipality.[1]
History
[edit]Under FBMA (1997–2009)
[edit]The Austal Philippines Shipyard was formerly operated by FBM Aboitiz (FBMA) Marine Inc. The groundbreaking took place in mid-1996.[2]
The shipyard itself was established in 1997. It was the first facility in the Visayas where fast-craft catamarans were built. The first ever ship built was the Tricat, a passenger ferry which served Hong Kong and Macau.[3] FBMA is a joint venture established in that year by local firm Aboitiz and Co. and Hong Kong-based Parkview Group. The stakes was later sold to British firm Babcock International.[4]
Aboitiz and Co. acquired full ownership of FBMA in 2004.[4]
However, FBMA was affected by the 2008 financial crisis.[5] The last vessel FBMA delivered was for an operator based in New Caledonia. The ship left the facility in September 2008.[3] In 2009, the shipyard was closed due to decreased demand for ships. FBMA delivered 22 vessels for clients in other parts of Asia, Europe, the United States, and Oceania.[3]
Under Austal (2011–present)
[edit]Austal acquired the shipyard from FBMA in 2011.[6] By 2019, Austal has been able to build and deliver 17 commercial ships.[7]
See also
[edit]References
[edit]- ^ Cacho-Laurejas, Katlene (November 6, 2024). "Austal secures new catamaran order for construction in Balamban". SunStar. SunStar Publishing Inc. Retrieved May 20, 2025.
- ^ "FBM Aboitiz shipyard". Manila Standard. August 2, 1996. p. 11. Retrieved May 20, 2025.
- ^ a b c Dagooc, Ehda (February 1, 2011). "Aboitiz hints FBMA shipyard may re-open". The Philippine Star. Retrieved May 20, 2025.
- ^ a b Sino-Cruz, Irene R. (March 7, 2006). "FBMA spending $5M to expand shipyard". Philippine Daily Inquirer. PDI Visayas Bureau. p. B5. Retrieved May 20, 2025.
- ^ Dagooc, Ehda (May 15, 2009). "FBMA Marine in Balamban: Shipbuilder axes 40% of workforce". The Philippine Star. Retrieved May 20, 2025.
- ^ "$15 million for Australian shipyard venture in Balamban town". Cebu Daily News. Philippine Daily Inquirer. January 17, 2013. Retrieved May 20, 2025.
- ^ Israel, Dale G. (July 26, 2019). "Austal tapped to build PH Navy ships". Philippine Daily Inquirer. Retrieved May 20, 2025.