The Real Astillero de Bagatao or Royal Astillero of Bagatao was established by Governor General Juan de Silva in Calaguimi, Magallanes. A shipyard that where warships and other small sea vessels were built and later on sailed to Mexico and sold for huge profit. Some of the known galleons built here are the San Felipe and the Santiago used in the battles at Playa Honda in Zambales against the Dutch around 1616-167.
