Cebu-based shipbuilding company Tsuneishi Heavy Industries Cebu Inc. (THICI) will have its hands full until 2010 to 2011, even with the expansion of its facilities, an executive said.

“Even with the expansion of Tsuneishi, the orders go all the way to 2010 and 2011,” Steve Paradies, Aboitiz Equity Ventures (AEV) senior vice president and chief financial officer, said.

THICI, one of the member companies of AEV, plans to expand its shipyard to enable it to build ships of up to 180,000 dead weight tons (DWT). More…