PHL Navy may take portion of Hanjin facility; Austal, US partner plan pushing through

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“Tuloy ang plano. Delayed lang per timeline because of this coronavirus disease 2019 crisis,” Philippine Navy chief Vice Admiral Giovanni Carlo Bacordo told The STAR regarding the planned takeover of Hanjin shipyard in Subic.

“There is no timeline yet because of this COVID-19 crisis,” he added.

Vice Admiral Bacordo also said that the Philippine Navy may occupy the northern portion the facility for use of Philippine Fleet, Naval Sea Systems Command, Naval Installations Command and Amphibious Assault Battalion.

“The deep and protected harbor is ideal for larger Fleet vessels,” the Navy chief said. “The area is close to the Naval Education Training and Doctrines Command, the future PMC (Philippine Marine Corps) base in Bataan and other training facilities such as the PMMA and MAAP.”

In March this year, Vice Admiral Bacordo and Naval Sea Systems Command (NSSC) commander Rear Admiral Rommel Jason L. Galang conducted a joint inspection at the said shipyard.

In a report by One News in May, Vice Admiral Bacordo said American private equity firm Cerberus and Australian shipbuilder Austal are in final negotiations with authorities and banks for the take over of Hanjin shipyard in Subic.