Day: May 21, 2024

Korean firm to put up offshore wind production and ship repair base in Subic

By Baird Maritime | May 21, 2024 PRIVATE equity company Cerberus Capital Management and South Korea’s HD Hyundai Heavy Industries (HHI) have entered into an agreement for the lease of the Cerberus-owned Agila Subic Shipyard at the former US Naval Base Subic Bay in the Philippines. HHI, acting on behalf of parent company HD Korea… Read More Korean firm to put up offshore wind production and ship repair base in Subic

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SBMA, DHSUD sign MOU on employee housing in Subic Freeport

SUBIC BAY FREEPORT – The Subic Bay Metropolitan Authority (SBMA) signed a Memorandum of Understanding (MOU) with the Department of Human Settlements and Urban Development (DHSUD) on May 20 for the establishment of housing facilities here in the Subic Bay Freeport Zone (SBFZ). SBMA Chairman and Administrator Eduardo Jose L. Aliño said that the proposed housing… Read More SBMA, DHSUD sign MOU on employee housing in Subic Freeport

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