New ship repair yard in the Philippines


Manila: The Board of Investments (BOI) has approved a P259m ship repair facility of Philippine company Nautilus Shipyard Repair Inc. 

The facility will be located Navotas City and will be able to handle ships of up to 7,500 dwt. 

The yard, which will start its operations in June 2013, will have a capacity of 96 vessels every year.  [23/11/12]

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