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. (“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.
Philly Shipyard, Inc. and Hyundai Heavy Industries signed a memorandum of understanding (MOU) to explore a potential business relationship relating to future U.S. government shipbuilding projects as well as maintenance, repair and overhaul (MRO) projects.
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.
Philly Shipyard ASA today publishes its Annual Report for 2023, which includes the annual accounts, the auditor's report for 2023 and the corporate governance report.
TOTE Services, LLC, (TOTE Services), Philly Shipyard, Inc., (Philly Shipyard) and California State University Maritime Academy (Cal Maritime) today celebrated the cutting of steel for the fifth National Security Multi-Mission Vessel (NSMV) destined for Cal Maritime in Vallejo, California.
Philly Shipyard, Inc. marked a significant construction milestone at a keel laying ceremony for the fourth of five new purpose built, state-of-the-art training vessels for America’s state maritime academies.
Philly Shipyard, Inc. delivers the Empire State, the first of five new purpose-built, modern training vessels for America’s state maritime academies. The U.S. Department of Transportation’s Maritime Administration (MARAD) new vessel program – known as National Security Multi-Mission Vessels (NSMVs)
