On December 19, 2024, Hanwha Systems and Hanwha Ocean announced a significant milestone in the maritime industry. They completed a $100 million acquisition of Philly Shipyard, a prominent U.S. shipbuilder known for its work on both commercial and government projects. This acquisition marks a pivotal moment for Hanwha as it expands its operations into the … Continue reading Hanwha Closes $100 Million Philly Shipyard Acquisition