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Manila Bulletin devider Business devider Trade & Industry devider HD Hyundai launches first Subic-built vessel, expands Philippine shipbuilding operations

HD Hyundai launches first Subic-built vessel, expands Philippine shipbuilding operations

Published Jul 28, 2026 04:00 pm
HD Hyundai Heavy Industries Philippines Inc. launches the Orion Jade, its first locally built vessel, measuring 250 meters in length, at its Subic Bay shipyard. The historic milestone signals the full operational rollout of the South Korean conglomerate's operations in the country, creating thousands of local jobs. Inset: Finance Secretary Frederick D. Go (right) and HD Hyundai Heavy Industries Philippines Inc. President Im Dae Jun.
HD Hyundai Heavy Industries Philippines Inc. launches the Orion Jade, its first locally built vessel, measuring 250 meters in length, at its Subic Bay shipyard. The historic milestone signals the full operational rollout of the South Korean conglomerate's operations in the country, creating thousands of local jobs. Inset: Finance Secretary Frederick D. Go (right) and HD Hyundai Heavy Industries Philippines Inc. President Im Dae Jun.
HD Hyundai Heavy Industries Philippines Inc. launched its first locally constructed vessel from its Subic Bay shipyard, signaling the full-scale operational rollout of the South Korean conglomerate's shipbuilding operations in the country.
The vessel, named Orion Jade, is the first of four ordered ships and the initial vessel completed at the Subic facility under HD Hyundai Heavy Industries Philippines. The ship measures 250 meters in length, 42 meters in width, and 21 meters in depth, showcasing the scale and industrial capability of the revived Subic shipyard.
The milestone highlights the company’s broader strategy to establish a primary manufacturing base in Southeast Asia while expanding its global production footprint.
“Today’s launching marks a historic milestone for HHIP,” President Im Dae Jun said. “It's the third time we have transformed our vision into reality, and today we proudly celebrate another important step in our journey.”
Im expressed gratitude to the Philippine government, the Subic Bay Metropolitan Authority, customers, suppliers, and contractors for backing the company’s local operations.
The expansion comes as the government seeks to position the country as a regional industrial hub, leveraging its maritime workforce and coastal land assets to attract high-value foreign direct investment.
Finance Secretary Frederick D. Go said the project underscores government efforts to turn foreign direct investment commitments into operational industrial facilities.
“The launch of the Orion Jade is a testament to the Marcos Jr. administration’s efforts to attract strategic investments and ensure that these commitments materialize into projects that generate quality jobs, strengthen our industrial capabilities, and create meaningful economic opportunities for Filipinos,” Go said.
HD Hyundai’s local operations have already generated roughly 4,000 jobs in Subic Bay and nearby provinces, Go added, with total employment expected to double as production ramps up across the shipyard.
To sustain its operational expansion and meet specialized labor demands, HD Hyundai has partnered with the Technical Education and Skills Development Authority to establish technical and vocational training programs tailored to modern shipbuilding requirements.
The Orion Jade project forms part of a multi-vessel investment program announced in late 2025. Construction of the four-ship order officially commenced in September 2025 following a steel-cutting ceremony led by President Ferdinand R. Marcos Jr. (Derco Rosal)

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Department of Finance (DOF) Frederick D. Go HD Hyundai
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