Philippines port group ICTSI is still exploring the possibility of acquiring the bankrupt Hanjin Subic shipyard - but any plans for the site could take up to 20 years to realise.
The company's senior vice president and global corporate head, Christian Gonzalez, told TradeWinds that there is an opportunity to create a major deep water gateway there.
"This could take 10 or 20 years," he said.
