The OECD Shipbuilding Committee Peer Review of the Philippines' shipbuilding industry provides a comprehensive assessment of the shipbuilding and ship repair industry (SBSR) in the Philippines, including analysis of domestic industry structures, market developments and national shipbuilding strategies. The report highlights the Philippines' important position in global shipbuilding, characterised by dual structure of export-oriented, foreign-owned shipyards and domestically focused repair facilities. It discusses structural challenges, such as ageing infrastructure and limited local supply chains, and opportunities linked to new market segments, digitalisation and decarbonisation. The report is divided into three parts: a wider maritime perspective, an analysis of the structure and trends of the Philippine's SBSR industry, and an assessment of the main policies influencing the sector along with actionable recommendations.