The Philippine government’s Board of Investments announced that four Chinese firms are considering $10 billion in industrial projects, including a $1.5 billion shipyard.
YDT International, an affiliate of Dalian Wanyang Heavy Industries, is interested in building a yard for building and repairing regional-size vessels of up to 15,000 dwt. If fully built out, the yard would employ more that 2,000 people by 2022. Initial results of the company's feasibility study are expected this month. (Source: Maritime Executive, 3 March 2017)
OUCO Marine/Offshore Telescopic boom cranes are based on a pedestal slewing design with hydraulic cylinder luffing. The boom extension is a telescopic inner section that allows a more flexible and wider operational radius in use and leaves the crane stored in a compact position.