Tuesday, April 24, 2012

Hanjin Subic Queued up to be U.S. Navy Servicing Company in Subic

Looks like Hanjin Subic will get the U.S. Navy ship servicing business...

Huntington Ingalls Subsidiary Partners With HHIC Holdings
Press Release
Thursday, April 19, 2012

Virginia Beach, Va. - Huntington Ingalls Industries announced that its subsidiary, AMSEC, has signed an agreement with Hanjin Heavy Industries and Construction Philippines Inc., a subsidiary of HHIC Holdings Co. Ltd., to work together in providing maintenance, repair and logistics services to the U.S. Navy and other customers in the western Pacific region.

The agreement with HHIC-PHIL allows AMSEC to benefit from Hanjin's state-of-the art shipyard at Subic Bay, Philippines, and accelerate Hanjin's growth into the maintenance, repair and logistics services, as the U.S. Navy increases focus in the Western Pacific region.

"It's great that AMSEC's relationship with HHIC-PHIL has been firmly established," said Harris Leonard, HII vice president and president of AMSEC operations. "I am confident that this important step will expand our efforts in providing quality technical services to our most important customer, the U.S. Navy, wherever they may be operating."

AMSEC LLC is a subsidiary of Huntington Ingalls Industries. With approximately 2,000 employees in 27 locations nationwide and overseas, AMSEC is a full-service supplier to the Navy and commercial maritime industry, providing naval architecture and marine engineering, naval ship systems assessments, maintenance engineering, waterfront maintenance support, acquisition program support, shipyard industrial engineering and C4I installation and support services.

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