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HD Hyundai expands shipbuilding capacity in the Philippines

HD Hyundai expands shipbuilding capacity in the Philippines
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SBMA keeps Hanjin deal under wraps

Subic Bay Freeport The Subic Bay Metropolitan Authority (SBMA) is not divulging details of the impending takeover of the Hanjin shipyard here by American investment management company Cerberus Capital. This despite the reported announcement by newly-installed SBMA Chairman and Administrator Rolen Paulino Sr. on Monday about the takeover of the bankrupt…

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