Olongapo City Regional Trial Court (RTC) Branch 72 on Monday (January 14) granted Hanjin Heavy Industries and Construction-Philippines’ petition for receivership and put the Korean shipbuilding firm under corporate rehabilitation.
RTC granted Hanjin’s petition rehabilitation.
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Zo002. Hanjin shipyard at the Subic Bay Freeport Zone at busier times, this picture and this head line came from this URL:
http://subicnewslink.blogspot.com/2019/01/rtc-grants-hanjin-petition-for.html
This is a great picture of the former US. Marine Corps Green Beach Training Area, in the Agusuhin Valley, the Agusuhin Village was here which is now the Hanjin Shipyard, on the Redondo Peninsular. I used to walk around there freely after the SBMA took over the administration of the former Naval Base but the shipyard stopped that!
In this picture we see 6 large ships being worked on outside the two dry-docks and there at least 4 more in the dry docks. The ships construction starts in the dry docks and then the ships are finished a long those piers as shown.