MARINA lauds launch of first Subic-built vessel by HD Hyundai
The Maritime Industry Authority (MARINA) has celebrated the launch of the Orion Jade, the first vessel built by HD Hyundai Heavy Industries in Subic Bay. This project is part of a broader government initiative to boost the Philippine shipbuilding sector and create thousands of local jobs.
Why it matters
This milestone signals a significant expansion of the Philippines' industrial manufacturing capabilities and its growing role in the global maritime supply chain.
SUBIC BAY, Philippines - The Maritime Industry Authority (MARINA) welcomed the launch of the first locally built vessel constructed by HD Hyundai Heavy Industries Philippines Inc. (HHIP) at its shipyard here, calling it a landmark milestone for the domestic shipbuilding sectorThe newly launched vessel, named the Orion Jade, measures 250 meters long, 42 meters wide, and 21 meters deep, demonstrating the revived facility's capacity to handle large-scale maritime construction.Finance Secretary Frederick D. Go emphasized the Marcos administration's effort to turn foreign investment pledges into operational industrial development."The launch of the Orion Jade is a testament to the Marcos Jr.
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