Hanwha to acquire Philly Shipyard
In deal that was first reported as in the works last October, Philly Shipyard is to be acquired by Korea’s Hanwha Group, whose Hanwha Ocean is the former the former Daewoo Shipbuilding
Search Results for: "Philly Shipyard"
Philly Shipyard and HD Hyundai sign MOU on potential business relationship
Philly Shipyard Inc., the sole operating subsidiary of Philly Shipyard ASA (Oslo: PHLY), and South Korea’s HD Hyundai Heavy Industries Co. Ltd. (a subsidiary of HD Hyundai Group, have signed a memorandum
Philly Shipyard cuts steel for Cal Maritime NSMV
Philly Shipyard held a ceremony February 11 to mark the cutting of steel for the fifth National Security Multi-Mission Vessel (NSMV) destined for California State University Maritime Academy (Cal Maritime) in Vallejo,
Philly Shipyard: NSMV training ships will be a loss maker
No doubt about it, the contract to build the National Security Multi-Mission Vessel (NSMV) training ships was a life-saver for Philly Shipyard when it was awarded in April 2020. At that time,
Is Philly Shipyard a Hanwha takeover target?
Back in July, Korean shipbuilder Hanwha Ocean was reportedly among the suitors in a rumored bid to acquire Austal. As we reported at that time, Austal said: “Austal is regularly involved in
Philly Shipyard delivers first NSMV training ship
The first of five much awaited new training vessels for America’s state maritime academies was delivered today by Philly Shipyard, This first vessel, the Empire State will serve SUNY Maritime College, in
Biden at Philly Shipyard for GLDD subsea rock installer steel cut
President Joe Biden visited Philly Shipyard, Thursday, as the yard and Great Lakes Dredge & Dock Company (GLDD) celebrated the cutting of first steel for the first Jones Act-compliant subsea rock installer
Philly Shipyard wins contract for hospital ship replacement study
Philly Shipyard Inc. reports that it has been awarded a contract by Gibbs & Cox to conduct the T-AH(X) Hospital Ship Feasibility Study. The six-month hospital ship replacement study will cover a
Philly Shipyard lays keel for third NSMV training ship
The National Security Multi-Mission Vessel (NSMV) training ship program is rolling right along. On May 1, Philly Shipyard hosted a keel laying ceremony for the third of the five new purpose built,
Philly Shipyard unions ratify new 4-year collective bargaining agreement
Philly Shipyard, Inc., the sole operating subsidiary of Philly Shipyard ASA (XOAX: PHLY), today announced that a new four-year collective bargaining agreement has been ratified by the Philadelphia Metal Trades Council (PMTC).