The Port of Subic Bay is in the Subic Bay Freeport Zone, the former U.S. Naval Base Subic Bay, on Subic Bay in the Philippines. It is one of the busiest, largest, historical and most important of ports in the Philippines. The Port is operated and managed by the Subic Bay Metropolitan Authority (SBMA). The port has a capacity to handle 600,000 twenty-foot equivalent unit containers (TEUs) and in 2016 handles less than 200,000 TEU containers.