Tsuneishi, Japan’s second-largest shipbuilder, widely extending its operation in the Philippines because of a rising supply of young workers here! They recently launched the 58,000 - ton “Ocean Symphony” cargo vessel in Balamban, Cebu! (pictured below)
|"Ocean Symphony" Bulker Launching (Bloomberg)|
Short video of the launching:
Read more at Bloomberg on why large investments are being poured in shipbuilding industry!