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While the Philippines still remains as the fourth largest shipbuilder in the world, the Aboitiz Group partly owned FBMA Marine Inc., is considering to re-open the facility that was closed in 2009.
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  FBMA Marine Inc., an Aboitiz-owned shipbuilding plant in West Cebu Industrial Park (WCIP) in Balamban, Cebu has stopped operation owing to weak ship building market in the world. 
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CEBU, Philippines – FBMA Marine Inc., an Aboitiz-owned shipbuilding plant inside the West Cebu Industrial Park (WCIP) in Balamban, Cebu, announced yesterday that it is retrenching 73 regular employees since their company has not received a single order for a vessel the past six months.
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HONG KONG-MACAU

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                    [Title] => FBMA Marine in Balamban: Shipbuilder axes 40% of workforce
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CEBU, Philippines – FBMA Marine Inc., an Aboitiz-owned shipbuilding plant inside the West Cebu Industrial Park (WCIP) in Balamban, Cebu, announced yesterday that it is retrenching 73 regular employees since their company has not received a single order for a vessel the past six months.
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abtest

Aboitiz hints FBMA shipyard may re-open

By Ehda Dagooc | February 1, 2011 - 12:00am

While the Philippines still remains as the fourth largest shipbuilder in the world, the Aboitiz Group partly owned FBMA Marine Inc., is considering to re-open the facility that was closed in 2009.

Freeman Cebu Business

FBMA stops operations due to weak market

By Ehda Dagooc | August 4, 2009 - 12:00am

  FBMA Marine Inc., an Aboitiz-owned shipbuilding plant in West Cebu Industrial Park (WCIP) in Balamban, Cebu has stopped operation owing to weak ship building market in the world.

Freeman Cebu Business

FBMA Marine in Balamban: Shipbuilder axes 40% of workforce

By Ehda Dagooc | May 15, 2009 - 12:00am

CEBU, Philippines – FBMA Marine Inc., an Aboitiz-owned shipbuilding plant inside the West Cebu Industrial Park (WCIP) in Balamban, Cebu, announced yesterday that it is retrenching 73 regular employees since...

Cebu News