The Japanese government is set to provide a loan valued at approximately US$525 million exclusively for the purchase of five additional patrol vessels for operation by the Philippine Coast Guard. The vessels will be near-identical sisters of the two Teresa Magbanua-class 97-metre multi-role response vessels (MRRVs) that the coast guard acquired in 2022, a spokesperson […]
The post Japan pledges US$525 million financing for Philippine Coast Guard patrol vessel purchase appeared first on Baird...