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Australian shipbuilder teams with US firm in bid to take over Subic Bay shipyard


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lamoe

Not sure if posted before - posted to web yesterday

 

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Not sure if posted before - posted to web yesterday
 
But it's not really " US / Australia " taking over at Subic ..
It's 2 private companies ..the US one apparently has the contract to service and maintain US Navy vessels , and the OZ one is Austal ..who have been building ships in Balamban for about 10 years at least, mostly Aluminium Multihull Passenger vessels : Ferries ..but apparently have a contract to supply Phil Navy .

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smokey

Whoops there goes real-estate up  

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Soupeod

I've seen this pop up on many forums and FB over the past year where folks said this is old news.

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rfm010
12 hours ago, Soupeod said:

...folks said this is old news.

Maybe so but good luck getting those real estate prices back down.

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