TOTE Services LLC, together with Hanwha Philly Shipyard, Inc., has completed the third of five National Security Multi-Mission Vessels, the State of Maine. Today the vessel was delivered to the U.S. Department of Transportation-Maritime Administration (MARAD) and will be homeported at Maine Maritime Academy.
Hanwha Philly Shipyard, Inc. (HPSI), a wholly-owned U.S. subsidiary of Hanwha Systems and Hanwha Ocean, and Matson, Inc. (NYSE: MATX), a leading U.S. carrier in the Pacific, today marked an important milestone in the construction of the first of three new “Aloha Class” containerships to be delivered to Matson in in 2027 and 2028.
TOTE Services, LLC (“TOTE Services”), an affiliate of the TOTE Group, and Hanwha Philly Shipyard, Inc. (“Hanwha Philly Shipyard”), today celebrated a major shipbuilding milestone with the keel laying of the fifth and final vessel in the National Security Multi-Mission Vessel (NSMV) program.
Today, Hanwha Systems and Hanwha Ocean, global pioneers in transformative solutions and impactful innovations, announced the successful completion of their $100 million acquisition of Philly Shipyard, a leading U.S. shipbuilder for commercial and government projects.
Philly Shipyard, Inc. the sole operating subsidiary of Philly Shipyard ASA (Oslo: PHLY), today began construction on the first of three Aloha Class LNG-fueled containerships to be built for Matson Navigation Company, Inc. (Matson).
Philly Shipyard, Inc. (“Philly Shipyard”), the sole operating subsidiary of Philly Shipyard ASA (Oslo: PHLY), today delivered the Patriot State, the second of five new purpose-built, state-of-the-art training vessels for America’s state maritime academies.
Philly Shipyard published its first Sustainability Report describing its sustainable and ESG governance practices. The report outlines the achievements, strategies and benchmarks that are guiding PSI toward being environmental stewards in the maritime industry.
Philly Shipyard ASA has entered into a share purchase agreement with both Hanwha Systems and Hanwha Ocean (together “Hanwha”), for the purchase of Philly Shipyard, Inc. (“PSI”), the sole operating subsidiary of PHLY (the “Transaction”). The Transaction will result in the Company selling all of its business against receiving a cash consideration of USD 100 million.
The 2024 annual general meeting of Philly Shipyard ASA was held today as a digital meeting with online participation. All resolutions were made in accordance with the proposals set out in the meeting notice.
The annual general meeting of Philly Shipyard ASA will be held on Monday, April 15, 2024 at 14:00 (CEST) as a virtual meeting.
