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Philippines heralds opening of South Korean-run shipyard
The Freeman
|September 04, 2025
The Philippines on Tuesday opened a shipyard its president sees as part of a shipbuilding revival and its South Korean operator views as a future “strategic hub” for its expanding relationship with the United States.
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The ceremony at Subic Bay, north of Manila, marked the start of construction on a 115,000-ton petrochemical carrier by HD Hyundai’s shipbuilding division, the first of four ordered by an “Asia-based shipping company” in December.
Speaking at the former US naval base home, President Ferdinand Marcos said his government was “reviving shipbuilding” in the country with the new facility, touting a near-doubling of capacity to 2.5 million tons.
यह कहानी The Freeman के September 04, 2025 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
क्या आप पहले से ही ग्राहक हैं? साइन इन करें
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