The picture here is of the USS New York that was scuttled at Subic Bay by the US Navy at the start of WWII so that its large guns would not be captured by the Japanese.

This wreck lies at 22m to 27m and offers may possible penetration dives. You can see a video clip of diving on this wreck at - http://www.divebluerock.com/html/vclips3.html

The Philippines has a ton of dive sites, but I mainly go to Subic Bay and Coron to dive the wrecks. I could describe the various dive sites, but you can learn much more about the diving and surrounding area by going to the web sites below. I have been to Subic Bay at least five times and I really enjoy the diving and surrounding area. My last trip was in October 2007. You can see photos of diving at Subic and Coron in the photo section of my profile. I can also send you a PowerPoint slide show about the wrecks at Coron.

Web sites for general information on Coron
http://www.diveright-coron.com/
http://www.philippinediving.com/

For dive shops or resorts, try
http://www.divecal.com/
http://www.seadiveresort.com/home.html
http://www.sangat.com.ph/start_e.htm

For Subic Bay, try
http://www.subicdive.com/
http://www.divebluerock.com/
http://www.mangossubic.com/

Let me know if you need more info