SUBIC BAY, PHILIPPINES — The slump in global trade has left a growing armada of empty cargo ships and tankers cruising the seas in search of the cheapest places to drop anchor while they ride ...

Since 1993, Philippines Coastal has been operating the facility under a 50-year lease with Subic Bay Metropolitan Authority (SBMA), with a discretionary option to extend the lease by another 15 years.

OLONGAPO, Philippines — American warships rest at anchor in Subic Bay, on the South China Sea about 90 miles west of Manila, nearly 33 years after the Americans shut down their largest overseas naval ...

The monument at Subic Bay to the 12 Senators that voted for the closure of the U.S. naval base on September 16, 1991. Credit: Sebastian Strangio Yesterday marked 29 years since the Senate vote ...

I Squared Capital announced today that it has entered into an agreement to acquire Philippines Coastal Storage & Pipeline Corporation and its affiliate entities. Based in the Subic Bay Freeport ...