Labor group urges nationalization, workers’ control of Hanjin shipyard

By HENRY EMPEÑO |  LABOR group Bukluran ng Manggagawang Pilipino (BMP) has called for government takeover of the debt-ridden Hanjin shipyard in the Subic Bay Freeport in order to avert massive job displacement and pave the way for national industrialization. But it stressed that any government intervention, which may involve the takeover by foreign investors,… Read More Labor group urges nationalization, workers’ control of Hanjin shipyard

Japanese firm launches new line of robotic parts in Subic Freeport

By CARRIE T. ASPA  | SUBIC BAY FREEPORT — Six months after broaching the idea to SBMA Chairman and Administrator Wilma T. Eisma, Japanese precision-gear manufacturer Nidec-Shimpo Corporation formally launched its operations here on Jan. 23 to mass-produce a new line of robot components developed in Japan. Nidec-Shimpo First Senior Vice President Hitoshi Inoue said… Read More Japanese firm launches new line of robotic parts in Subic Freeport

Hard-pressed at Hanjinville

Former shipyard workers face uncertain times as Hanjin-Subic faces insolvency By HENRY EMPEÑO | CASTILLEJOS, Zambales — When South Korean shipbuilder Hanjin Heavy Industries and Construction Co.-Philippines (HHIC-Phil) turned over a low-cost housing project to worker-beneficiaries in April 2013, there was much cause for jubilation here, a stark contrast to the heavy pall of gloom… Read More Hard-pressed at Hanjinville

Subic Enerzone donates emergency-response gears to SBMA

By JONAS REYES |  SUBIC BAY FREEPORT – The Subic Enerzone Corporation, operator of the power distribution facility in the Subic Bay Freeport Zone, donated various emergency-response equipment to the Subic Bay Metropolitan Authority (SBMA) on Monday. These include a rescue boat with engine, 10 flashlights, 14mm Polypropylene rope, 16mm Polypropylene rope, two heavy-duty first… Read More Subic Enerzone donates emergency-response gears to SBMA

Subic marks strong start for cruise ship tourism

SUBIC BAY FREEPORT – With six vessel arrivals scheduled for the month of January alone, this premier free port expects to cement its reputation further as the newest cruise ship destination and top anchor tourist attraction in the country today. On Wednesday, Subic welcomed for the third time this year the cruise ship World Dream,… Read More Subic marks strong start for cruise ship tourism

Court places Hanjin on receivership

By HENRY EMPEÑO |  OLONGAPO CITY — Debt-ridden Hanjin Heavy Industries & Construction Philippines (HHIC-Phil) has been placed in a receivership by the Olongapo City Regional Trial Court (RTC) to start a court-supervised rehabilitation program for the ailing Subic Bay Freeport-based shipbuilder. The South Korean company filed a petition before the court on Tuesday last… Read More Court places Hanjin on receivership

A Giant Falls in Subic

By HENRY EMPEÑO |  SUBIC BAY FREEPORT — Korean shipbuilder Hanjin Heavy Industries & Construction Philippines (HHIC-Phil) went to court on Tuesday to initiate voluntary rehabilitation under Republic Act 10142, otherwise known as “An Act Providing for the Rehabilitation or Liquidation of Financially Distressed Enterprises and Individuals”. According to Hanjin Heavy Industries & Construction Co.,… Read More A Giant Falls in Subic