OPCO hosts a Keel Laying Ceremony for Hanjin 10K Coal Carrier

A keel laying ceremony to install the first hull block for Hanjin 10K Coal Carrier was held by Oriental Precision & Engineering (“OPCO” KOSDAQ 014940). OPCO received the order for the coal carrier last April from Hanjin.

The ceremony took place on Friday the October 29^th at OPCO’s Jinhae facility No. 2, and about fifty attendants were present to witness the event, including the general director Mr. Shin from Hanjin; five of the inspecting officers from Korean Register of Shipping; the OPCO CEO Mr. Suh; Mr. Kwon, the OPCO vice-president; and other executives and staff members. The ceremony accompanied a traditional prayer service, tape cutting, and a photo session.

This project, to build the 108.7-meter long, 24-meter wide, 12.9-meter high, 10,000-ton mid-size coal carrier, is dubbed HJ-1005-COC. The ship is scheduled to be delivered to Hanjin late 2011.

OPCO has recently completed and delivered a heavy cargo carrier early October, and the projects for the construction of a deck cargo vessel, a supply vessel, and a coal carrier are currently under way.

Attendants at HJ-1005-COC project keel laying ceremony