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AVEVA to supply marine solutions for Hanjin shipyard

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CAMBRIDGE, UK -- Hanjin Heavy Industries & Construction-Tech has signed a multi-million dollar agreement with AVEVA to equip its new shipyard in the Philippines with AVEVA marine solutions and AVEVA NET.

Hanjin has invested $720 million in constructing the shipyard in Subic Bay, Philippines. Phase one of the Subic dockyard, which includes an assembly line, two gantry cranes, and a quay wall, has been completed. Total shipbuilding capacity for this phase is 220,000 tons/year. Phase two, due for completion in the second half of 2008, will boost capacity by an extra 450,000 tons/year.

"We are sure that the efficiency at the high-tech Subic dockyard will be further enhanced with the implementation of our solutions," says Peter Finch, president of AVEVA Asia-Pacific. "Moreover, we are certainly proud that AVEVA's solutions will play a major role in the design and construction of the world's largest ship being built at Subic."

The company also has won a $7.8-million contract to equip a major Japanese shipyard with AVEVA Marine solutions.

01/24/2008

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