Hanwha Philly Shipyard is a leading U.S. shipbuilder with a state-of-the art shipbuilding facility that has earned a reputation as a preferred provider of ocean-going merchant vessels with a track record of delivering quality ships, having delivered around 50% of all large ocean-going U.S. Jones Act commercial ships since 2000.
Hanwha Systems and Hanwha Ocean acquired Philly Shipyard on December 19th, 2024 from Aker ASA, a Norwegian industrial investment company with ownership interests in energy, green technologies and marine biotechnology. Founded in 1952, Hanwha is South Korea’s seventh-largest conglomerate and ranked in the Fortune Global 500. Hanwha is a multinational company with a robust network of affiliates in the energy, ocean, aerospace, finance and retail & services industries.