SEOUL, Aug. 25 (Yonhap) — Hanwha Ocean Co., a prominent South Korean shipbuilder, has announced plans to invest an additional $70 million to enhance its shipyard operations in Philadelphia. This investment is part of a broader strategy to penetrate the U.S. shipbuilding market, following the company’s acquisition of Philly Shipyard last year for approximately $100 … Continue reading Hanwha Ocean to inject additional $70 mln into U.S. shipyard