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First HD Hyundai Vessel Marks Subic Shipbuilding Industry's Revival

Summary by Inquirer
SUBIC BAY FREEPORT — Seven years since the collapse of Hanjin Heavy Industries and Construction-Philippines in 2019, the country’s shipbuilding industry took a major step towards revival with the launch of Orion Jade, the first vessel built by HD Hyundai Heavy Industries Philippines (HHIP) at the Agila Subic Shipyard. The 115,000-ton crude oil tanker was formally inaugurated on Tuesday, July 28. Officials said the project reflects renewed invest…

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Manila Bulletin broke the news on Tuesday, July 28, 2026.
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