Republic of Korea Navy (ROKN) is set to transfer Pohang-class Mokpo (PCC 759) to Philippine Navy after decommissioning took place on 31 December 2015 at Jinhae naval base.
The vessel has the ability to launch surface-to-surface missiles and are equipped with six 324 mm Mk 32 anti-submarine torpedo tubes and one or two 76 mm Oto Melara anti-surface and anti-aircraft guns.
The 1,240-tonne ships can carry a crew of 95 over an effective patrolling range of 4,000 nautical miles. The vessels have a maximum speed of 32 knots.
The Philippine Navy had said that the corvette acquisition will significantly increase its abilities to monitor disputed maritime areas, most notably the Philippine-claimed South China Sea zone.