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Austal would later drop its bid to have a stake in the shipyard. [12] Agila Subic became Cerberus' new partner, taking over the shipyard's operations in March 2022. [13] Agila Subic is a Dutch venture consisting of four companies that are affiliates of Cerberus. [14] Accordingly, the shipyard was renamed the Agila Subic Multi-Use Facilities. [15]
The Subic Shipyard was built by Hanjin Heavy Industries and Construction Philippines (HHIC–Phil), a subsidiary of the South Korean firm Hanjin Heavy Industries. HHIC–Phil received its first order to build a ship at the Subic Shipyard in 2006. [3] Construction of the shipyard began in early 2006 [4] and its facilities were complete by 2009. [3]
HJ Shipbuilding & Construction Company, Ltd. (Korean: 주식회사 HJ중공업; Hanja: 株式會社HJ重工業), formerly Korea Shipbuilding & Engineering Corporation (대한조선공사; 大韓造船公社) and Hanjin Heavy Industries & Construction Co. Ltd. (주식회사 한진중공업; 株式會社韓進重工業), is a South Korean-based ...
The Port of Subic Bay is in the Subic Bay Freeport Zone, the former U.S. Naval Base Subic Bay, on Subic Bay in the Philippines. It is one of the busiest, largest, historical and most important of ports in the Philippines. [citation needed] The Port is operated and managed by the Subic Bay Metropolitan Authority (SBMA).
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Subic Bay is a bay on the west coast of the island of Luzon in the Philippines, about 100 kilometers (62 mi) northwest of Manila Bay.An extension of the South China Sea, its shores were formerly the site of a major United States Navy facility, U.S. Naval Base Subic Bay, now an industrial and commercial area known as the Subic Bay Freeport Zone under the Subic Bay Metropolitan Authority.
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On May 23, 2020, the ship arrived in Subic Bay, Zambales after a five-day journey from Ulsan, South Korea. [8] The commissioning was delayed after one of the ship's 65-crew tested positive for COVID-19 amidst the pandemic. [9] On July 10, 2020, the ship was eventually commissioned into service, making the name BRP Jose Rizal (FF-150) official. [1]