New Subic shipyard investor not Chinese, says SBMA chief
October 16, 2019 | Hanjin | SBMA | Subic | subic shipyard
A foreign shipbuilding giant, but not a Chinese company, could take over the Subic shipyard left behind by Hanjin Heavy Industries and Construction Phils before the end of the year, according to the head of the Subic Bay Metropolitan Authority (SBMA). Negotiations are progressing between Hanjin, which had declared bankruptcy, and the so-called white knight, Read More
