Shipbuilding Industry is Booming!

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!

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