The Philippines must begin reclaiming its spot among the world 's great shipbuilding nations, President Marcos said, emphasizing that Filipinos have the skill and vision to make it possible. "Ladies and gentlemen, today, we will begin reclaiming our rightful place among the world’s great...
CEBU CITY – Local officials welcomed the opening of the first-ever ship-building and ship repair facility in Bohol province. THE sprawling Artemis Marine and Industrial Construction Inc. (AMICI) ship-building facility in Barangay Cruz, Buenavista town, Bohol province was inaugurated on Tuesday,...
Aboitiz InfraCapital (AIC), the infrastructure arm of the Aboitiz Group, launched the 39-hectare industrial expansion of West Cebu Estate to cater to the growing demands from a wider range of industries beyond maritime businesses. The expansion would expand the 540-hectare West Cebu Estate in...
A French shipbuilding firm has renewed its commitment to pursue a P1.5-billion shipyard development in the Philippines. (Malacañang Photo) Malacañang said shipbuilding firm OCEA S.A. made the pledge during a meeting with President Ferdinand "Bongbong" Marcos Jr. in Brussels, Belgium on Wednesday,...
The Fiscal Incentives Review Board (FIRB) has approved the grant of tax incentives to the P17-billion US-funded Project AGILA, which seeks to redevelop and operate the Hanjin shipyard in the Subic Bay freeport zone. In a statement, Tuesday, May 10, FIRB said the project was granted special...
The Philippines and the United States (US) celebrated the conclusion of agreements on the Subic Bay shipyard as it is seen to bring more opportunities for both nations. ( Photo courtesy of the Philippine Embassy in Washington, DC) Philippine Ambassador to the United States Jose Manuel Romualdez...
US firm Cerberus Frontier has completed the acquisition of the former Hanjin shipyard at the Subic Bay Freeport in Zambales, a “win-win” takeover especially for the Filipino people, according to the Department of Finance (DOF). At the reception in Washington marking Cerberus’ full takeover of...
Department of National Defense (DND) Secretary Delfin Lorenzana announced Wednesday, March 9, that there will be no impact on the country’s national security if the reported takeover of an abandoned shipyard in Subic Bay, Zambales by a United States private equity firm will push through. Overview...
The Maritime Industry Authority (MARINA) and the Technical Education and Skills Development Authority (TESDA) have recently partnered in developing training programs to upgrade the skills of workers in the shipbuilding and ship repair (SBSR) sector. (Photo from Unsplash) MARINA Administrator Robert...
Department of Environment and Natural Resources (DENR) Undersecretary Benny Antiporda has told shipyard users that he is bent on solving Manila Bay's water pollution problem, which the latter may be exacerbating. (Photo from Undersecretary Benny Antiporda's Facebook) This, as Antiporda held a...
Department of Environment and Natural Resources (DENR) Undersecretary Benny Antiporda is looking into the possible contamination of Manila Bay via wastewater coming from dilapidated vessels at local shipyards. (Photo from DENR) Antiporda, the head of the Manila Bay Anti-Pollution Task Force,...
Negotiation between two global shipbuilders Hanjin of South Korea and Austal of Australian for the Subic shipyard is expected to be finalized next month or two, according to the Australian Ambassador to the Philippines. At the annual media briefing, Ambassador Steven J. Robinson said that...
