Philippines to buy two new South Korean warships for US$556mil


The deal with Hyundai Heavy Industries is part of Manila's efforts to modernise its navy as it faces a dispute with Beijing in the South China Sea. - Reuters

MANILA (AFP): The Philippines has ordered two new warships from South Korea's Hyundai Heavy Industries, Defence Secretary Delfin Lorenzana said Tuesday (Dec 28), modernising Manila's navy as it faces a dispute with Beijing in the South China Sea.

The Philippine Navy had become run down in recent decades -- even featuring US craft from World War II -- until President Rodrigo Duterte's predecessor, Benigno Aquino, began a modest modernisation programme in 2010.

Tuesday's 28 billion pesos (US$556 million) deal with the South Korean shipbuilding giant comes five years after the firm also won a contract to build two new frigates for the Philippine Navy.

Corvettes and frigates are small, fast warships mainly used to protect other vessels from attack.

"This project will give the Philippine Navy two modern corvettes that are capable of anti-ship, anti-submarine and anti-air warfare missions," Lorenzana said in a speech at the signing ceremony in Manila.

The deal "will ensure commonality and interoperability with our existing assets," he added, as well as "ease of maintenance and repairs".

Manila has since acquired two former US Coast Guard cutters and three landing craft from Australia, as well as coast guard patrol vessels from Japan, in an effort to bolster its presence in the South China Sea, where it faces a dispute with Beijing.

China claims almost all of the waterway, through which trillions of dollars in trade passes annually, with competing claims from Brunei, Malaysia, the Philippines, Taiwan and Vietnam.

Beijing has ignored a 2016 ruling by The Hague-based Permanent Court of Arbitration that its historical claim is without basis.

s

Article type: free
User access status:
Join our Telegram channel to get our Evening Alerts and breaking news highlights

Philippines , South Korea , warships , defence

   

Next In Aseanplus News

Cambodian PM Hun Sen and Indian PM Modi discuss on improving bilateral ties via video link
Laos' vovinam (Vietnam's traditional art) exponents are the first athletes to win first SEA Games gold medal for country
Brunei among nations with lowest death rate from pollution
China's zero-Covid policy dashes global hopes for quick economic return to normal
Singapore Air says business travel rebounding to pre-Covid level
Indonesia MPs seek palm oil export ban review as industry warns on storage
Bangkok governor election seen as national harbinger for country
KLCI in the red, ringgit hit the lowest since March 2020
Emerging markets: Philippine peso firms after rate hike as Asian stocks fall on growth fears
Sarawak first state to require a licence for forest carbon activities

Others Also Read