South Korea’s Hanwha Ocean and Hanwha Systems have completed a significant acquisition. The two companies have purchased Philly Shipyard, a prominent U.S. shipbuilder, for $100 million. This acquisition marks a strategic move for Hanwha as it aims to expand its shipbuilding operations in the United States. Philly Shipyard specializes in both commercial and government projects, … Continue reading South Korean titans close $100 million US Shipyard acquisition