October 25, 2005
New Subic Bay repair operation
A former U.S. Navy floating dock is set to return to its former Subic Bay. Philippines, location as the center piece of a new commercial ship repair operation.
The dock is the 1943-built AFDM 5, originally used to repair U.S. Navy ships in Subic Bay and later transferred to Guam. It was subsequently purchased by Philippines salvor Malayan Towage and Salvage.
The Subic Bay Metropolitan Authority has been in negotiations involving the return of the dry dock to its original site for some time.
Now, according to local media reports, the authority has signed a contract with Subic Drydock Corporation that will see setting up of a new repair facility in Subic Bay.
According to the Philippine Star, Subic Drydock is" a wholly owned subsidiary of Cabras Marine Corp., a US-based maritime services organization which has been the leading provider of tugboat, salvage vessels, pilotage and waterfront service for the US Navy and commercial vessels in Guam and Micronesia for over 30 years."
The Philppine Star says that "because of the Visiting Forces Agreement (VFA), Subic Dry Dock will aim to secure the master ship repair agreement (MSRA) and be accredited for US Navy ship repair contracts that require dry docking and repair services particularly from the Military Sealift Command based in Yokohama, Japan."