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Philippines Hails Shipbuilding Revival as HD KSOE Starts at Subic Yard

The Philippines is celebrating the revival of its shipbuilding industry after South Korean giant HD Korea Shipbuilding & Offshore Engineering (HD KSOE) commenced the construction of a large bulk carrier at its newly leased facility in Subic Bay, Philippines. It will be the first large ship to be built in the country since 2019. In a significant move that the Philippines expects will help the country reclaim its position among the world’s leading…

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The Maritime Executive broke the news in on Friday, September 5, 2025.
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