Photo By: PHILMARINE 2026
SUBIC BAY FREEPORT – The Subic Bay Metropolitan Authority (SBMA), through its Business and Investment Group (BIG), showcased the Subic Bay Freeport’s growing role as a premier maritime and shipbuilding hub during the 11th Edition of the Philippines Marine Exhibition and Convention (PHILMARINE 2026), held from June 17 to 19 at the SMX Convention Center Manila in Pasay City.
Led by BIG Senior Deputy Administrator Renato Lee III and Department Manager Karen Magno, the SBMA delegation engaged with key stakeholders, investors, and industry leaders to promote the Freeport’s strategic advantages and investment opportunities in the maritime sector.
The participation builds on the momentum generated by SBMA’s successful engagement during the Second Maritime Forum and Posidonia 2026 in Athens, Greece, where the agency attracted significant foreign direct investment (FDI) interest and strengthened international business connections.
Photo By: PHILMARINE 2026
At PHILMARINE 2026, SBMA highlighted the Subic Bay Freeport’s strengths in ship repair and dry-docking services, manufacturing of ship propeller heads and vessel bodies, production of ship components including stern sections, warehousing and logistics services, maritime training facilities, as well as cruise shipping and ship conversion operations.
As one of the country’s leading economic zones, the Subic Bay Freeport continues to position itself as a key destination for maritime investments, leveraging its world-class port facilities, strategic location, and highly skilled workforce.
PHILMARINE 2026 is recognized as the Philippines’ premier and only specialized maritime, shipbuilding, and offshore energy event. The exhibition highlights the country’s status as the world’s fourth-largest shipbuilding nation and serves as a platform for discussing advancements in the maritime industry.
Photo By: PHILMARINE 2026
Spearheaded by the Maritime Industry Authority (MARINA), the event featured discussions on the development of local shipyards, ship and vessel registries, and overseas shipping frameworks. Industry experts also presented innovations in sustainable maritime operations, including low-emission propulsion systems, energy-efficient vessel designs, and compliance with the latest regulations of the International Maritime Organization (IMO).
Through its participation in PHILMARINE 2026, SBMA reaffirmed its commitment to advancing the Philippines’ maritime industry while attracting investments that generate jobs, strengthen economic growth, and further establish Subic Bay as a globally competitive maritime and logistics center.