Tag: ships

Marcos: Cerberus, Hyundai tie up to restore PH shipbuilding glory days

By Darryl John Esguerra | May 14, 2024 MANILA – The partnership between US equity firm Cerberus and South Korea’s HD Hyundai Heavy Industries in the strategically located Subic Bay will allow the Philippines to regain its footing in the global shipbuilding industry, President Ferdinand R. Marcos Jr. said Tuesday. During the announcement of the partnership… Read More Marcos: Cerberus, Hyundai tie up to restore PH shipbuilding glory days

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Advanced vessel tracking system up in Subic Bay

By HENRY EMPEÑO | February 22, 2024 SUBIC BAY FREEPORT — The Subic Bay Metropolitan Authority (SBMA) unveiled a modern vessel traffic management system (VTMS) on Thursday, February 22, upgrading tracking facilities that has been in operation for more than 15 years. SBMA Chairman and Administrator Eduardo L. Aliño inaugurated the system with Bill English,… Read More Advanced vessel tracking system up in Subic Bay

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