Saturday, May 2, 2026
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Tag: Hanjin Heavy Industries and Construction Philippines

Cerberus, Agila Naval take over Hanjin facility operations in Subic

US equity firm Cerberus Management Capital and Agila Naval Inc. assumed the operations of Hanjin Heavy Industries and Construction Philippines’ facility and equipment in...

Creditor banks in talks with a buyer of Hanjin

The creditor banks of Hanjin Heavy Industries and Construction Philippines have found a buyer for the highly-indebted shipbuilder which stopped operations in Zambales province...

ICTSI starts talks to buy Hanjin’s Subic shipyard

Port operator International Container Terminal Services Inc. is in talks with creditor banks of Hanjin Heavy Industries and Construction Philippines on the planned acquisition...

Multi-creditor bankruptcies shouldn’t happen

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Solon seeks probe of LandBank ‘loan’ to Hanjin

A party-list legislator who represents the agriculture sector on Thursday assailed the Land Bank of the Philippines for granting a $85-million unsecured loan to...

Loose change

"The reaction of the banks is underwhelming."   By text and email, I asked the presidents of the five local banks that lent a total of...

PH firm should take over Hanjin operations–DND

A Filipino company’s acquisition of the shipbuilding business of the debt-ridden Hanjin Heavy Industries and Construction Philippines will be beneficial to the ongoing modernization...

RCBC, 4 others downplay impact of Hanjin exposure to Hanjin debt

Rizal Commercial Banking Corp. and four other lenders on Tuesday downplayed the impact of their exposure to the multi-million-dollar debt of shipbuilder Hanjin Heavy...

Hanjin loans are credit negative–Moody’s

Global debt watcher Moody’s Investors Service said Monday the exposures of five major domestic banks to shipbuilder Hanjin Heavy Industries and Construction Philippines is...

Safety net for Hanjin workers pushed

A legislator on Saturday ruled out a congressional inquiry into the bankruptcy of Hanjin Heavy Industries and Construction Philippines “at this time” as a...

SBMA ‘saddened’ by Hanjin debt

Subic Bay Freeport"•Subic Bay Metropolitan Authority Chairman Wilma T. Eisma on Wednesday said she was saddened to learn that Korean shipbuilder Hanjin Heavy Industries...

Another worker dies from fatal fall in Hanjin shipyard

The fatal Hanjin shipyard accident claimed another victim on Monday, as Valian dela Cruz, one of three workers who sustained injuries after falling from...

Hanjin wins top exporter award

SUBIC BAY FREEPORT—Hanjin Heavy Industries and Construction-Philippines was recently awarded as the Top Exporter for the machinery and transport equipment sector by the Department...
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