MANILA/SEOUL -- South Korea's HD Hyundai Heavy Industries is in talks to expand its ship-related business in Subic Bay in the Philippines, potentially bolstering efforts led by a U.S. fund to revive the shipyard, which is strategically located at a former American naval base.
Companies
South Korea's Hyundai in talks to expand Subic Bay ship business
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Hyundai Heavy Industries' Shipyard in Ulsan, South Korea. The company also performs repairs and maintenance at the shipyard in Subic Bay in the Philippines. © Reuters
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