Austal Philippines Shipyard
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Austal Philippines Shipyard
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. History Under FBMA (1997–2009) The Austal Philippines Shipyard was formerly operated by FBM Aboitiz (FBMA) Marine Inc. The groundbreaking took place in mid-1996. 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. 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. Aboitiz and Co. acquired full ownership of FBMA in 2004. However, FBMA was affected by the 2008 financial crisis. The last vessel FBMA delivered was for an operator based in New Caledonia. The ship left the facility in Septembe ...
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Philippines
The Philippines, officially the Republic of the Philippines, is an Archipelagic state, archipelagic country in Southeast Asia. Located in the western Pacific Ocean, it consists of List of islands of the Philippines, 7,641 islands, with a total area of roughly 300,000 square kilometers, which are broadly categorized in Island groups of the Philippines, three main geographical divisions from north to south: Luzon, Visayas, and Mindanao. With a population of over 110 million, it is the world's List of countries and dependencies by population, twelfth-most-populous country. The Philippines is bounded by the South China Sea to the west, the Philippine Sea to the east, and the Celebes Sea to the south. It shares maritime borders with Taiwan to the north, Japan to the northeast, Palau to the east and southeast, Indonesia to the south, Malaysia to the southwest, Vietnam to the west, and China to the northwest. It has Ethnic groups in the Philippines, diverse ethnicities and Culture o ...
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