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Hanjin to expand Subic Yard

Philippines largest shipyard operator Hanjin Heavy Industries-Philippines (HHIP) has reserved an additional 150 hectares of land for the expansion of its Subic yard in its bid to handle swelling orders for new buildings as well as other projects. The expansion, which has an estimated investment cost of about $1 billion, is being geared towards the platform for the new Malampaya…

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SBMA sets earlier time for second container terminal bidding

The Subic Bay Metropolitan Authority (SBMA) has moved the bidding for its second container terminal towards the end of the year from early 2008.1t explained that this would maximize the potential of t heir two new container terminals if it will go into full commercial l operations together by next year. On an interview, SBMA seaport chief Capt. Perfecto Pascual…