ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
Companies

Chinese eye largest Philippine shipyard after Hanjin default

Former US base offers hub for Beijing projects

A U.S. Air Force C-130 aircraft prepares to deploy a bundle near Subic Bay during annual joint training between the Philippine armed forces and the American military. (U.S. Air Force photo)

MANILA -- Chinese companies have expressed interest in taking over the Philippines' largest shipyard after the local unit of South Korea's Hanjin Heavy Industries and Construction filed for rehabilitation this week.

At least two major Chinese shipbuilders have inquired about the operations of Hanjin Philippines, Trade Undersecretary Ceferino Rodolfo said on Friday. He declined to name the companies.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more