Hanwha Philly books landmark LNG carrier contract
Korea’s Hanwha Ocean said yesterday (see original release) that it had signed a contract with its affiliate Hanwha Philly Shipyard to build one LNG carrier worth 348 billion won [about $251 million],
Hanwha Group
Hanwha Group gets U.S. clearance to up its stake in Austal
South Korea’s Hanwha Group has been eyeing an acquisition of Austal USA parent Austal (ASX ASB) for quite some time. Today, it appeared to be making some progress. Yonhap News Agency reports
Hanwha Group’s big plans for Philly include LNG carriers
Korea’s Hanwha Group has big plans to increase production at the Hanwha Philly Shipyard that include building LNG carriers. Korea Economic Daily reports that Hanwha Group recently invited a group of Korean
Baker Hughes and Hanwha in ammonia gas turbine agreement
Ammonia-fueling is widely seen as key to shipping’s decarbonization. And while ammonia-fueled four stroke engines will soon be a reality, ammonia gas turbines could be in the not too distant future. Korea’s Hanwha
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
SECNAV urges Korean shipbuilders to invest in U.S. shipyards
Secretary of the Navy Carlos Del Toro has been meeting with top South Korean shipbuilding executives and making the case for them to create American subsidiaries and invest in integrated U.S. commercial