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HD Hyundai Philippines Shipyard Petrochemical Carrier Project

Sector: Steel • Location: Subic Bay, Philippines

Source: Marine Insight

Project
Under Construction

HD Hyundai has commenced its first shipbuilding project in the Philippines with a steel-cutting ceremony at the Subic Bay shipyard. The project involves constructing a 115,000-ton petrochemical carrier, the lead vessel in a series of four ordered by an Asian shipping company in December 2023. The shipyard is part of HD Hyundai's expansion in Southeast Asia and aims to strengthen economic and secur

Status
Under Construction
Sector
Steel, Chemical (Industrial), Seaport, Manufacturing (Industrial), Metal
Location
Subic Bay, Philippines
Updated
22 Jul 2026
Source
Marine Insight

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The project “HD Hyundai Philippines Shipyard Petrochemical Carrier Project” is an infrastructure initiative in the Steel sector, located in Subic Bay, Philippines. Taiyo aggregates data on it from Marine Insight.

Participants

Company

Status

Original status

under construction

Taiyo status

Under Construction

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

HD Hyundai has commenced its first shipbuilding project in the Philippines with a steel-cutting ceremony at the Subic Bay shipyard. The project involves constructing a 115,000-ton petrochemical carrier, the lead vessel in a series of four ordered by an Asian shipping company in December 2023. The shipyard is part of HD Hyundai's expansion in Southeast Asia and aims to strengthen economic and security cooperation between South Korea, the United States, and the Philippines.

Original sector

Shipbuilding

Location

Country

Philippines

City

Subic Bay

Source

Source

Marine Insight

URL

More Details

Record type

Project

Sector

Steel, Chemical (Industrial), Seaport, Manufacturing (Industrial), Metal

Article published date

2025-09-16

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