04 December 2023, Seoul-Philippine Navy Flag Officer-in-Command VADM Toribio Adaci Jr. PN visited the HD Hyundai Heavy Industries (HHI) Shipyard in Ulsan City on 22 November 2023 for the Keel Laying Ceremony of the Philippine Navy Corvette No. 1, and the Steel Cutting Ceremony of the Philippine Navy Corvette No. 2. The Keel Laying and Steel Cutting ceremonies formally commemorate and recognize the beginning of the ship building process. Attended by senior officials and dignitaries from both sides, it demonstrates the strong defense modernization partnership of the Philippines and the Republic of Korea. During the visit, VADM Adaci conveyed the Philippine Navy's strong expectations and determination for the successful completion of the Corvette Acquisition Program with the Republic of Korea.

On 23 November 2023, VADM Adaci called on Philippine Ambassador Theresa Dizon-De Vega to relay the outcome the ceremonies and his meetings with ROK counterparts on common maritime interests and strengthening mutual cooperation. Ambassador Dizon-De Vega emphasized the importance of continued active exchanges between the Philippine Navy and the ROK Navy for Philippine defense modernization. She looked forward to a continued and more substantive Navy-to-Navy talks, and conveyed her appreciation for the Philippine Coast Guard's active participation in maritime cooperation activities, including the 2nd PH-ROK maritime cooperation dialogue held last October 2023.END