Strapped Hanjin Files for Rehab

Subic bay news vol 11 no 50 15.00Php

Cash- Strapped Hanjin Files For Rehab

SUBIC BAY FREEPORT — Subic Bay Met- ropolitan Authority (SBMA) Chairman Wilma T. Eisma said she was saddened to learn that Korean shipbuilder Hanjin Heavy Industries and Construction Phil- ippines (HHIC-Phil) is facing serious financial trouble. Hanjin, which is currently the biggest foreign investor in the Subic Bay Freeport Zone, filed on Tuesday a petition at the Regional Trial Court in Olongapo City to initiate voluntary rehabilitation under Republic Act 10142, otherwise known as “An Act Providing for the Rehabilitation or Liquidation of Financially Distressed Enterprises and In- dividuals”. Hanjin officials, Eisma said, had revealed that the company owes some $400 million in outstanding loans from Philippine banks on top of another $900 million in debts with lenders in South Ko- rea. Eisma said she was informed that the company still has six pending multi-million newbuilding projects at its Redondo Peninsula shipyard here, and that these may have to be cancelled if a rehabilitation plan does not materialize. “The bottom line is that the company said it does not have enough cash to repay its loans, and that it cannot continue with its operations under these cir- cumstances,” Eisma said. “It’s really sad that Hanjin would be in dire financial straits after success- fully building some of the world’s biggest ships here and putting the Philippines in the map as the world’s fifth largest shipbuilder,” she added. HHIC-Phil, which has focused in building high-value vessels, was established in 2006 as a subsidiary of Hanjin Heavy Industries & Construction Co., Ltd., a multi-national company that pro- vides shipbuilding, construction, and plant services in South Korea and inter- nationally. After frenzied construction of its 300-hectare shipyard began in May 2006, HHIC-Phil rolled out its first ship, the “Argolikos” in July 2008. With some $2.3 billion in foreign direct investments here, the firm proceeded to manufacture some of the world’s biggest cargo and container Hanjin shipyard at the Subic Bay Freeport Zone ships, bulk carriers, liquefied petroleum gas carriers, very large crude oil carriers (VLCC) and very large ore carriers (VLOC). Land Bank opens loan facilities to Subic Freeport MSMEs According to company records, SUBIC BAY FREEPORT – A financial assis- through the Zambales Lending Center, a prises, cooperatives, as well as non-SBFZ Hanjin has delivered since 2008 a total of tance program is now available here for unit of the Land Bank that was formerly companies that are accredited to deliver 123 vessels to valued clients across the Micro, Small, and Medium Enterprises located in Dinalupihan, Bataan. goods and services in the Freeport. globe, thus cementing its foothold in the (MSMEs) that are accredited to deliver “As the number one government She said that processing time for highly competitive shipbuilding market. goods and services in the Subic Bay Free- financial institution, Land Bank is always MSME loan would take around 45 days, In the course of its operation, port Zone (SBFZ). here to help the community on their fi- after the applicant submitted a complete the Korean firm also became the biggest SBMA Chairman and Administra- nancial needs. With the transfer of our set of the requirements. employer among all registered business- tor Wilma Eisma said the SBMA has part- Lending Center to Subic, we will be in San Diego added that her office es in the Subic Bay Freeport Zone with nered with the Land Bank of the Philip- a better position to help the public, -es has already received several some appli- some 30,000 employees at peak season, pines (LBP) to provide loan facilities to pecially MSMEs needing financial assis- cations after the center relocated from and was recognized by both the Philip- MSMEs and other logistics-focused com- tance,” he added. Bataan to Subic Bay. pine Exporter Foundation (Philexport) panies as part of the agency’s port mar- Land Bank is a universal bank One of the applicants, she said, and the Department of Trade and Indus- keting initiative. owned by the Philippine government is a transport cooperative that proposes try (DTI) as top export performer. The SBMA had initiated talks with a special focus on serving the needs to field electric buses at Subic’s CBD area However, in face of recent liquid- with the LBP as early as February last of farmers and fishermen and keeping to provide a cheaper alternative to the ity problem, Hanjin has laid off more year to push for the loan facility under them financially viable to help promote riding public. than 7,000 workers last December, Eisma the agency’s program to assist MSMEs countryside development. The proponent reportedly plans said. The firm is about to lay off another operating in the Freeport, she said. Zambales Lending Center man- to put up initially a fleet of 10- elec 3,000 early this year until just about 300 According to Land Bank Subic Bay ager Ma. Marita San Diego said that this tric buses, with designated stops and local workers and as few as seven Korean branch manager Edwin Manalo, interest- partnership with the SBMA is especially charging stations. see HANJIN, page 2 ed MSMEs can avail of the loan facility intended for corporations, private enter- Subic Bay News www.subicbaynews.com 02

First ‘Suking Tindahan’ LEGAL NOTICE in Olongapo City Republic of the Philippines REGIONAL TRIAL COURT Third Judicial Region Republic of the Philippines Olongapo City REGIONAL TRIAL COURT Third Judicial Region Office of the Clerk of Court BRANCH 75 & Ex-Oficio Sheriff Olongapo City

ZAMBALES RURAL BANK, RE: CANCELLATION OF THE INC. (formerly Rural Bank of RECORD OF BIRTH OF Castillejos, (Z) Inc.), YSABELLA MARTIN BAGASIN Mortgagee, WITH THE OFFICE OF THE --versus- CITY REGISTRAR OF EJF Case No. 2018-0-29 OLONGAPO CITY, ZAMBALES Extra-Judicial foreclosure of x------x real estate mortgage under Acting Mayor Lugie Lipumano (left) and DTI Provincial Act 3135 as amended By Act SPOUSES RANDY P. BAGASIN Director Leonila T. Baluyut (2nd from right) confer the 4118 and DESIREE MARTIN – BAGASIN 'Suking Tindahan Seal' to Barretto Mini Mart, the first and ARLINE SAN ANDRES - PARAISO, recipient in Olongapo City. (DTI) SPS. SMARTH E. ADOLFO and JYRLYN Petitioner, The Department of Trade and Industry (DTI) has con- J. ADOLFO as Atty-in-fact of SPS. ferred its 'Suking Tindahan Seal' to Barretto Mini Mart, SANTO D. ADOLFO and FLORDELIZA E. -versus- the first recipient in Olongapo City. ADOLFO, “We award this to existing privately-owned ma- Mortgagor/s. SP PROC. NO. 2018-0-49 jor sari-sari stores or cooperatives who are committed x------x to sell basic necessities and prime commodities within or lower the suggested retail price (SRP),” DTI Provincial NOTICE OF SHERIFF’S SALE OFFICE OF THE CITY REGISTRAR Director Leonila T. Baluyut said. OF OLONGAPO CITY, ZAMBALES, ETAL., The store should carry at least 50 percent of the Upon application of extra-judicial foreclosure basic necessities and 50 percent of the prime commod- for sale under Act 3135, as amended by Act 4118 Respondents. ities which are under the jurisdiction of DTI. It may also filed by the mortgagee, ZAMBALES RURAL BANK, INC. sell products not covered by SRP but must be at reason- (formerly Rural Bank of Castillejos, (Z) Inc., with office x------x able prices. address at No. 6-20th St., East Bajac-Bajac, Olongapo “Recipients will benefit from our promotion- City herein represented by CRISTINA D. JIMENEZ, VP al activities such as 'Negosyo Konsyumer, atbp' to in- for Operations, againstSPS. SMARTH E. ADOLFO and ORDER crease more patrons or 'suki', as well as recommenda- JYRLYN J. ADOLFO as Atty-in-fact of SPS. SANTOS D. ADOLFO and FLORDELIZA E. ADOLFO with address at tion for financial loans and assistance through Pondo sa A verified petition was filed by Spouses Pagbabago at Pag-Asenso, if qualified,” Baluyut added. Nagsabong, Linasin, San Marcelino, Zambales, to sat- isfy the mortgagor indebtedness which as of October Randy P. Bagasin and Desiree Martin-Bagasin 15, 2018, amounts to THREE HUNDRED THIRTEEN and Arline San Andres-Paraiso, through counsel, Transparency and Compliance...... from page 04 THOUSAND FIVE HUNDRED NINETY EIGHT & 11/100 praying that after due notice and hearing, an order in Subic and Clark, and its 160-hectare facility here in- (Php313,598.11) Pesos, Philippine Currency, exclu- be issued directing the Office of the City Registrar cludes a marine terminal, fuel storage tank farms and sive of penalties, attorney’s fees, and other charges, of Olongapo City, Zambales to CANCEL the registra- tank truck loading facilities; all secured by the said mortgage and in compliance tion of birth of minorYSABELLA MARTIN BAGASIN • Brighterday Subic Ltd., Inc. which manages and op- thereto, undersigned Sheriff announces that on Feb- under Registry No. 2015-5507 in the Register of erates All Hands Beach, was given the “Eco-Innovation ruary 7, 2019 at 10:00 o’clock in the morning or soon Births of the Office of the City Registrar of Olonga- Award” for its efforts in biodiversity conservation, par- thereafter, infront of the Municipal Circuit Trial Court, po City, Zambales. ticularly in monitoring and releasing more than 4,000 San Marcelino, Zambales, she will “sell at public auc- sea turtles to their natural habitats since 2011; tion to the highest bidder and for cash, Philippine Said petition being sufficient in form and • S-CORP Philippines, Inc., which offers end-to-end Currency, the following mortgaged property, includ- substance is set for hearing on February 19, 2019 transaction processing services, intricately linked- en ing all improvements existing thereon, particularly at 8:30 o’clock in the morning and all persons in- terprise information management systems, and - per described as follows: terested may appear and show cause why said pe- sonalized multi-channel communications solutions for tition should not be granted. over 3,500 clients in distinct industry verticals across the globe, received the “SME Employment Award” for Original Certificate of Title No. EP-0-503 Let this Order be published at the expense its non-discriminatory hiring system and generation of under Tax Declaration Nos. 009-0799 and 009-0652 of the petitioner in any newspaper of general circu- remarkable number of jobs for local and indigenous Cadastral Lot No. 2238-C lation in the City of Olongapo and in the Province people; Csd-03-002057 (OLT) of Zambales once a week for three (3) consecutive • Allied Care Experts (ACE) Medical Center – Baypointe, weeks prior to the date of hearing. Inc., which operates a tertiary medical tourism facili- Assessor’s Lot No. 068 ty, received the “Health and Wellness Business of the Block No. 07 Year” award, for its Biggest Loser Program that drew Location: Linasin, San Marcelino, Zambales SO ORDERED. 181 participants, and for regular Zumba classes con- Classification: Riceland Unirr. ducted at its auditorium and view deck; Area: FOUR THOUSAND EIGHT HUNDRED SIXTY SIX Olongapo City, this 9th day of November, • Converge ICT Solutions, Inc., was the “Service Busi- (4,866) square meters 2018. ness of the Year for Information and Communication Boundaries: Technology Industry” offering the country's only Pure North:Lot 035 South: Lot 041 & Lot 040 End-to-End Fiber Network and its advocacy to upgrade East: Lot 039 & 069 West: Lot 067 RAYMOND C. VIRAY Judge the over-all Filipino web experience; In the event the public auction should not • Subic Enerzone Corporation, an Aboitiz Power Corpo- take place on the said date, it shall be held on Febru- ration, Inc. company, was “Service Business of the Year ary 13, 2019, without further notice. for General Business and Investment Industry” for its HANJIN...... from page 01 commitment to deliver, at most reasonable cost, safe and reliable electric service to the people and business- Prospective bidders may investigate for supervisors would remain in March to do facility main- es they serve; themselves the papers and documents appurtenant tenance, she added. • International Container Terminal Services, Inc. was to the herein above-described property including en- “The SBMA, of course, expressed its concern “Service Business of the Year for Logistics” for serving cumbrances thereon if any there be. about the separation of shipyard workers, but we re- the growing economy of the northern regions of the ceived assurances that those who were laid off were Philippines through world-class container handling ser- Olongapo City, January 4, 2019 amply compensated. Still, we’re having this aspect vices at the Subic Bay Freeport; checked out,” Eisma said. • One Subic Power Generation Corporation, a subsidi- She added that the SBMA is now working with ary of PHINMA Energy Corporation, received the “Cor- Hanjin officials to find some way to keep the shipbuild- porate Social Responsibility Award” for its Cawag Refor- JENIFFER G. DECANO er, which has helped build Subic’s huge reputation in estation Project where around 3,000 coffee seedlings Sheriff IV the global maritime industry. were planted by mobilizing both upland farmers and RTC-OCC “I really hope that Hanin’s creditors would employee volunteers; and Olongapo City & Zambales agree to some rehabilitation plan, or that the company • Subic Superfood Inc., which produces the Mt. May- would find some financial partner to continue with its on Premium Pili Nuts, received the “Special Recogni- Copy furnished: shipbuilding operations in Subic,” Eisma also said. tion Award” for its exemplary dedication and passion Ms. Cristina D. Jimenez in turning its locally-sourced main raw material into a Sps. Smarth E. Adolfo and Jyrlyn J. Adolfo quality product that has brought pride and honor to the Sps. Santos D. Adolfo and Flordeliza E. Adolfo Subic Bay Freeport and the Philippines for being recog- Warning: nized in various prestigious and international awards. It is absolutely prohibited to remove, deface or de- stroy this Notice of Sale on or before the date of sale, under penalty of law. *Rule 39, Sec. 15.

www.subicbaynews.com Subic Bay News www.subicbaynews.com 03 AROUND CENTRAL LUZON Rizal Day celebration in Balanga Iba store is first ‘Suking Tindahan’ in Zambales

Iba Mayor Jun Rundstedt Ebdane (2ndfrom left) and Department of Trade and Indus- try Provincial Director Leonila T. Baluyut(2ndfrom right) attend the conferment of Suking Tindahan Seal to Zam Lee Sari-Sari Store in Iba town, the first recipient in the province of Zambales. (DTI)

IBA, Zambales -- Department of Trade es. and Industry (DTI) conferred its Suk- “To ensure sustainability, the ing Tindahan Seal to Zam Lee Sari-Sari DTI, in behalf of the Suking Tindahan, Store in Iba town, the first recipient in will continuously coordinate with man- the province of Zambales. ufacturers, suppliers, and wholesalers “We award this to existing pri- so they can get products at discounted vately-owned major sari-sari stores or prices, which the sellers may still offer cooperatives who are committed to at SRP,” Baluyut furthered. sell basic necessities and prime com- DTI Suking Tindahan pursuant modities within or lower the suggested to Republic Act 7581, as amended by retail price (SRP),” DTI Provincial Direc- RA 10623, otherwise known as The Ten Accomplished Youth Organization awardee Joselito Cunanan keynotes the 122nd tor Leonila T. Baluyut said. Price Act. Rizal Day celebration in Balanga City. (Mar Jay S. Delas Alas/PIA 3) The store should carry at least The agency is mandated to en- 50 percent of the basic necessities and sure availability of supply at reason- BALANGA CITY -- Youth leader Joselito Cu- tice using knowledge with concern and 50 percent of the prime commodities nanan keynoted the 122nd Rizal Day cele- forgiveness just like Rizal. ableness of prices of basic necessities bration in Balanga City. With the theme "Rizal 2018: which are under the jurisdiction of DTI. and prime commodities at all times. “Filipinos can emulate Rizal who Talino at Malasakit sa Isa’t-isa, Pun- It may also sell products not covered (PIA 3) had his own insecurities in life but was dasyon ng Isang Malaya at Maunlad na by SRP but must be at reasonable pric- able to channel those for self-improve- Bansa," the celebration was attended ment,” Cunanan said. by city government officials, students, He added the national hero was uniformed personnel, and national and Online Training Course for short in height and had a slight lisp but non-government organizations. turned these into life motivations. The event featured a parade, The Ten Accomplished Youth Or- wreath laying, spoken poetry, singing 100 Central Luzon teachers ganization awardee then challenged his and theatrical performance. (PIA 3) CITY OF SAN FERNANDO, Pampanga GURO21 was developed based fellow countrymen to seek truth and jus- — At least 100 selected public-school on the Southeast Asian Region-validat- teachers in Central Luzon will undergo ed Competency Framework for South- a flexible learning course which aims to east Asian Teachers of the 21st Centu- develop and enhance their facilitating ry. skills as Southeast Asian teachers start- It is a menu of flexible learning BALITA SA WIKANG PINOY ing this month. courses that aim to address the teach- Beatriz Torno, regional direc- ers’ needs in relation to the technologi- tor of the Department of Education cal advances and changing educational Bukas na ang First District (DepEd), said on Monday that the ini- trends of the 21st century. tiative is in partnership with the South- It is also expected to enhance east Asian Ministers of Education Orga- the teachers’ knowledge, skills, atti- Hospital sa Tarlac nization (SEAMEO) Innotech. tudes, and values (KSAVs) on teaching “We allotted the registration and learning in the new century that fees for the 100 teacher recipients they can pass on to their students to coming from the 20 schools’ division help them face the challenges. offices in the region,” Torno said. The learning process involves The online course entitled use of self-instructional modules, syn- “Gearing up Responsible and Out- chronous and asynchronous discussion standing Teachers in Southeast Asia for sessions, provisions for learning sup- the 21st Century or GURO21, is a 54- port, and face-to-face or Online Revali- hour self-paced training course which da. will run from the third week of January The successful course complet- until the last week of March. er will receive an international course “It seeks to build the competen- certificate from SEAMEO Innotech and cies of teachers for them to effectively at least six units of advance academic play their role as learning leaders of credits from SEAMEO Innotech partner the 21st century in a knowledge-based universities. (PNA) economy,” she added. Irrigation water release for Bulacan farmlands starting Jan. 10 CITY OF MALOLOS, Bulacan -- The Na- ply are farmlands near the Bustos Dam Binuksan na ng pamahalaang panlalawigan ang First District Hospital sa barangay tional Irrigation Administration (NIA) is which releases the water to the irri- San Julian, Moncada upang mas maipalapit ang pagbibigay ng serbisyong medikal set to release irrigation water supply to gation canals slicing through different sa mga residente ng hilagang bahagi ng Tarlac. (Pamahalaang Bayan ng Moncada) Bulacan and some of Pampanga farm- farmlands in Bulacan and Pampanga. lands starting on January 10. Farmlands that are located in LUNGSOD NG TARLAC -- Binuksan na munta pa ng mga residente sa Tarlac ng pamahalaang panlalawigan ang First Provincial Hospital o kaya sa pribadong Larry Ballesteros, NIA Bulacan tail-end sections of the NIA irrigation District Hospital sa barangay San Julian, ospital dahil sa bagong pasilidad na manager, said on Saturday the cut-off canals are expected to start land prepa- Moncada upang mas mailapit ang pag- mayroon na sila sa nasabing bayan. period for the release of irrigation wa- rations by February. bibigay ng serbisyong medikal sa mga res- Alinsunod sa Provincial Ordi- ter is set on May 15, 2019. The NIA cut off the irrigation idente ng hilagang bahagi ng Tarlac. nance No. 11, Series of 2018, ang na- "An estimated 26,000 of farm- water supply on Oct. 31, 2018 due to Ayon kay Governor Susan Yap, turang 50-bed capacity na pasilidad ay lands are expected to be irrigated in the construction of a project that will prayoridad niya ang pagpapabuti ng pam- pinangalanang Enrique Henry M. Co- Bulacan and some parts of Pampanga," benefit 90 percent of farmers in Bu- publikong serbisyong pangkalusugan at juangco Memorial District Hospital bil- Ballesteros said in a media interview. lacan and some areas in Pampanga. pagbibigay ng mas maayos na mga pasili- ang pagkilala sa dating kongresista na Bulacan farmers noted that (PNA) dad sa bawat Tarlakenyo. nagsimula ng proyekto. (-PIA 3) first to benefit from the irrigation sup- Hindi na aniya kailangang pu- IN THE NAVY Fort McHenry Arrives in Romania

SBMA urges transparency and compliance among Subic locators

CONSTANTA. The Whidbey Island-class amphibious dock landing ship USS Fort McHen- ry (LSD 43) pulls into Constanta, Romania, for a scheduled port visit, Jan. 7, 2019. Fort McHenry and embarked 22nd Marine Expeditionary Unit are on a scheduled deployment as part of the Kearsarge Amphibious Ready Group in support of maritime security operations, crisis response and theater security cooperation, while also providing a forward naval presence. (U.S. Navy photo by Mass Communication Specialist 3rd Class Chris Roys)

By Seaman Dominic L. Holder, Romanian allies and partners to main- tain a safe, secure and prosperous region. CONSTANTA, Romania (NNS) -- The Whid- Strong relationships are the foundation of bey Island-class amphibious dock landing peace and prosperity.” ship USS Fort McHenry (LSD 43) arrived in Fort McHenry is a member of the Constanta, Romania, Jan. 7 for a scheduled Kearsarge Amphibious Ready Group, which port visit. also consists of the Wasp-class amphibious Constanta is the first port visit for assault ship USS Kearsarge (LHD 3), the San Fort McHenry, which deployed from its Antonio-class amphibious transport dock homeport of Mayport, Florida, Dec. 16, ship USS Arlington (LPD 24), Fleet Surgi- 2018. cal Teams 2 and 8, Helicopter Sea Combat “The Sailors and Marines of Fort Squadron (HSC) 26, Tactical Air Control McHenry have a great opportunity to ex- Squadron (TACRON) 21, components of PCSPC President & CEO David Attewill (second from left) receives the “Top Net Income perience a historic city,” said Cmdr. Steve Naval Beach Group 2 and the embarked Earner” award from SBMA Chairman and Administrator Wilma T. Eisma (center) and Schmidt, commanding officer of Fort staff of Amphibious Squadron 6. McHenry. “We stand together with our other SBMA officials during the 2018 Mabuhay Awards ceremony. SUBIC BAY FREEPORT —The Subic Bay formers in the last three years through Pioneering Oceanographer Honored Metropolitan Authority (SBMA) reiterat- the SBMA Mabuhay Awards. ed its call for transparency and compli- Among the businesses that re- ance among business locators here, say- ceived the 2018 Mabuhay Awards at the by Navy, American Geophysical Union ing these values are necessary to ensure yearend were: a sustainable business environment in • Toyota Subic, Inc., which received the the Subic Bay Freeport. “New Business of the Year” award for SBMA Chairman and Administra- demonstrating remarkable results in cus- tor Wilma T. Eisma sounded this plea on tomer service, marketing, and competi- Friday, as the Subic agency released its tive positioning since its opening here on list of top performing companies in Subic Nov. 8, 2018; last year. • HHIC-Phil Inc., as “Top Importer of Eisma said that Subic continues 2017” and “Top Exporter of 2017” for to develop and find greater success be- attaining the biggest import value of cause of the culture of good governance US$388 million and export value of and service excellence that the agency US$1.25 billion; has encouraged among the business lo- • Subic Duty Free Shops, Inc., which cators here. runs and operates Meatplus Café, re- “I urge our investors to continue ceived the “Responsible Tourism Award” to enshrine transparency and compli- for creating positive business impact and ance in their operation because it is only significant economic, environmental and with transparency and compliance that social benefits as one of the most popu- we can ensure a stable and predictable lar food outlets inside SBFZ with a con- environment for the country, and for the sistent strong following from local and Freeport,” she said. international tourists; “It is only with transparency and • Philippine Coastal Storage & Pipeline compliance that we can continue reap- Corporation (PCSPC), was “Top Net In- ing success in all our economic endeav- come Earner of 2017”. PCSPC operates ors in Subic,” she added. the petroleum storage and pipeline fa- Eisma said the SBMA has been cilities at the former US military bases keeping tab of the performance of Subic companies and has recognized top per- see Transparency & Compliance, pp 02

Dr. Nicklas Pisias, a professor emeritus at Oregon State University, is the 2018 recipient of the Maurice Ewing Medal, sponsored jointly by the U.S. Navy and the American Geophysical Union. Pisias helped create the field of paleoceanography--the study of the ocean’s history via sediment analysis, geochemistry, isotopic dating and rigorous statis- tical methods in time-series analysis. His research was supported by the Office of Naval Research for many years. (Photo courtesy of the American Geophysical Union) By Warren Duffie Jr., Office of Naval Re- “Dr. Pisias combined a deep, broad search Public Affairs understanding of both paleoceanography and climate dynamics with nonlinear, sta- ARLINGTON, Va. (NNS) -- For his work in tistical-analysis techniques that he pio- the establishment of a new scientific field, neered,” said Dr. Tom Drake, head of ONR’s Dr. Nicklas Pisias received the Maurice Ew- Ocean Battlespace Sensing Department ing Medal, sponsored jointly by the U.S. and presenter of the award. Navy and the American Geophysical Union “He demonstrated that time-se- (AGU). ries analysis could date layers of seafloor Pisias, a professor emeritus at Or- sediment in absolute terms and reveal egon State University, accepted the award changes in the Earth’s climate,” Drake con- at the AGU Fall Meeting in December tinued. “Dr. Pisias’ groundbreaking work 2018. Named after Dr. Maurice Ewing, a underlies, and has had a strong influence trailblazing geophysicist and oceanogra- on, current climate research.” pher, the medal is given yearly to one hon- Knowledge of seafloor properties SBMA Chairman and Administrator Wilma T. Eisma (center) joins other SBMA offi- oree in recognition of “significant original is of great interest to the Navy. ONR-spon- contributions to the ocean sciences.” sored studies of marine geology and geo- cials in congratulating winners of the SBMA Mabuhay Awards, which recognized top In the late 1970s, and for the next physical phenomena have had a number corporate performers in the Subic Bay Freeport Zone two decades, Pisias helped establish the of surprising and unexpected outcomes in field of paleoceanography—the study diverse fields, illustrating the value of basic of the ocean’s history through sediment research. analysis, geochemistry, isotopic dating and Since the Maurice Ewing Medal’s time-series analysis of ocean processes creation in 1974, multiple ONR-sponsored and dynamics. researchers have won the prize. These in- The Office of Naval Research clude Dr. Walter Munk, who invented the (ONR) sponsored some of Pisias’ early concept of surf forecasting; geophysicist research, including analysis of sediment John I. Ewing; and marine seismologist Dr. cores during the Deep-Sea Drilling Project John Orcutt. and Ocean Drilling Program, which last- AGU is a not-for-profit, scientific ed from 1968 to 2004. Both international organization with nearly 60,000 members drilling initiatives studied the history of the in 139 countries. ocean and the nature of the crust beneath the seafloor. Pisias’ research established Warren Duffie Jr. is a contractor for ONR some of the first continuous, high-resolu- Corporate Strategic Communications. tion records of climate shifts over the past five million years.