US Navy eyes to take over Hanjin Shipyard in Subic Bay, Zambales

US Navy eyes to take over Hanjin Shipyard in Subic Bay, Zambales

The Americans might be back in Subic, and will be a much needed sight specially now there are maritime issues in the West Philippine Sea.

The US Navy is considering a new lease on a port facility in the Philippines, which it previously occupied as a repair and maintenance facility for its fleet in the Indo-Pacific region.

And the bankrupt Hanjin shipyard may present an opportunity for the US Navy to re-establish itself at a major port it vacated nearly 30 years ago.

Hanjin shipyan in Subic, Zambales (poto credit to owner)

“The U.S. Navy is exploring the viability of Subic Bay Hanjin Shipyard for use as a potential repair and maintenance facility,” Cmdr. Nate Christensen, the fleet deputy public affairs officer, said in an email.

It may be recalled a few months back that Hanjin Philippines, declared bankruptcy owing $900 million to South Korean creditors.

Since then, a pair of Chinese  have signified their interest in buying the facility sparking alarm in some quarters.

Subic Bay was once a US military base along with Clark airbase in Pampanga. Subic was vacated by the Americans in 1992.

It’s still a regular port of call for U.S. warships and Marines who practice beach landings nearby in Zambales province.

The strategic harbor’s importance has grown amidst Chinese efforts to build military facilities on artificial islands and claim sovereignty over territory to the west in the South China Sea, following there so-called 9 dash claim.

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Report from WPS

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