Page 2 - Philly Shipyard News Today

HD Hyundai Heavy Industries and Norway's Philly Shipyard signed a memorandum of understanding to collaborate on manufacturing, maintaining, repairing, and overhauling vessels and ships ordered by the US government, the South Korean shipbuilder said Wednesday. The signing ceremony was held at Philly's shipyard in Philadelphia, Pennsylvania, on April 12 -- with key officials from both companies in attendance,...

HD Hyundai Heavy Industries (HHI) and Philly Shipyard agreed to cooperate in the U.S. naval ship market, the HD Hyundai subsidiary said Wednesday, months after the Korean shipbuilder’s chief rival, Hanwha Ocean, indicated its intention to acquire the Philadelphian shipyard.

Philly Shipyard and HD Hyundai Heavy Industries Sign Memorandum of ...

The Korean company and Norwegian-owned American subsidiary have a history of working together.

 South Korea’s HD Heavy Industries is continuing its push to expand its international military work with an announcement that it plans to explore a po...

Korean automotive, battery and semiconductor titans have been navigating their investments toward American shores, driven by incentives from the Inflation Reduction Act and the CHIPS and Science Act of 2022. Now, the Jones Act might beckon Korean shipbuilders to American waters. HD Hyundai Heavy Industries and Hanwha Ocean are setting their sights on acquiring an American shipyard, specifically to tap into the mainte...

The new ship is specifically designed for training, with a training engine control room and a training bridge.

/PRNewswire/ -- Matson, Inc. ("Matson" or the "Company") (NYSE: MATX), a leading U.S. carrier in the Pacific, today reported net income of $62.4 million, or $1....

 The U.S.’s National Security Multi-Mission Vessel NSMV) program, the first dedicated training ships to be built the five U.S. state maritime academie...

The longer, wider vessel, now under construction, will need a bigger pier that must also be built to handle sea level rise.