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By 2015, the Hanjin Subic Shipyard became one of the top ten top 10 shipbuilders in the world in terms of orderbook. [3] At one point, the Philippines is the fifth largest shipbuilding nation in the world, largely owing to the output of the Subic shipyard. [7] At its peak in 2016, the shipyard employed 35,000 people. [8]
Hanjin Philippines. Hanjin Heavy Industries and Construction Philippines, also known as HHIC Phil, was a Philippines -based shipbuilding company established in February 2006 by Hanjin Heavy Industries and Construction of South Korea. In the same month, its first shipbuilding contract was signed for four container ships.
Subic was a shipbuilding hub. The now-defunct Hanjin Philippines was the single biggest employer in the area prior to its bankruptcy in January 2019. As of mid-2019, 5,901 workers were employed in the shipbuilding and maritime industry by 96 firms. [needs update] [18] Subic is served by the Port of Subic.
Port of Subic Bay. 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).
Subic, officially the Municipality of Subic (Ilocano: Ili ti Subic; Tagalog: Bayan ng Subic, Kapampangan: Balen ning Subic), is a 1st class municipality in the province of Zambales, Philippines. According to the 2020 census, it has a population of 111,912 people. [3] It is located along the northern coast of Subic Bay.
Redondo Peninsula. The Redondo Peninsula is a short mountainous peninsula extending about 15 kilometers (9 miles) to the south of Zambales on western Luzon in the Philippines. It separates Subic Bay and the coasts around the Subic Bay Metropolitan Area of Subic and Olongapo from the South China Sea. It is known for its secluded coves, beaches ...
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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.