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Hyundai Plans Ship Repair Yard at Subic Bay for Philippine Navy - Vimarsana News

Hyundai Plans Ship Repair Yard at Subic Bay for Philippine Navy

Philippine officials are reporting that South Korean shipbuilder Hyundai Heavy Industries is plannin...

MARAD to Award $20M in Grants to Small Shipyards for Modernization - Vimarsana News

MARAD to Award $20M in Grants to Small Shipyards for Modernization

Continuing the Biden Administrations efforts to support the U.S. maritime industry while building in...

Former Hanjin Subic Bay Shipyard in Philippines Being Sold to Cerberus - Vimarsana News

Former Hanjin Subic Bay Shipyard in Philippines Being Sold to Cerberus

The former U.S. naval base at Subic Bay in the Philippines, which had been converted into a commerci...

DND sees no security concerns amid US takeover of Subic shipyard - Vimarsana News

DND sees no security concerns amid US takeover of Subic shipyard

(File photo) MANILA - Department of National Defense (DND) Secretary Delfin Lorenzana said he sees no security implications with an American company now poised to acquire and operate the cash-strapped Hanjin Heavy Industries and Construction (HHIC-Phil) shipyard in Subic, Zambales. "I don't think there will be any implications on our national security. It will be the same as when Hanjin was operating it -- building commercial ships," he said in a message to reporters on Wednesday night, when sought for comment on the matter. Reports earlier said that US equity firm Cerberus will ...

Hilco demolishes old PES refinery ahead of schedule - Vimarsana News

Hilco demolishes old PES refinery ahead of schedule

Owners of the former Philadelphia refinery are ahead of schedule demolishing the hulking facility. But there is no guarantee the tank farm won’t reopen.

Source: whyy.org