South Korea’s Hanwha Group has made a significant move in the maritime industry by acquiring Philly Shipyard for $100 million. This acquisition marks a strategic expansion for Hanwha, a conglomerate known for its diverse business interests. The deal was finalized on Friday, following a contract signing with Norway’s Aker ASA, the parent company of Philly … Continue reading Hanwha completes US$100 mln acquisition of Philly Shipyard of U.S.