Hyundai Plans Ship Repair Yard at Subic Bay for Philippine Navy
Philippine officials are reporting that South Korean shipbuilder Hyundai Heavy Industries is plannin...
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Philippine officials are reporting that South Korean shipbuilder Hyundai Heavy Industries is plannin...
Continuing the Biden Administrations efforts to support the U.S. maritime industry while building in...
The former U.S. naval base at Subic Bay in the Philippines, which had been converted into a commerci...
(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 ...
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.