Founded in 1997 as part of a strategic public-private partnership, Hanwha Philly Shipyard, Inc. (HPSI) has become one of America’s most capable shipbuilding facilities. Located at the historic Philadelphia Navy Yard, the Shipyard has spent nearly three decades building, sustaining, and advancing U.S. commercial shipbuilding and government shipbuilding programs.
HPSI’s success has been shaped by a highly skilled U.S. workforce, a commitment to engineering excellence, and deep engagement with maritime industry stakeholders. Over time, HPSI has expanded from foundational Jones Act shipbuilding programs to complex efforts that support national readiness and commercial fleet sustainability across the U.S. maritime industry.
Today, as part of the global Hanwha Group, HPSI combines localized craftsmanship with world-class shipbuilding capability to meet the evolving needs of the U.S. maritime sector.
Mission & Vision
At HPSI, we believe that a strong foundation is built on a clear sense of purpose, ambitious aspirations, and unwavering core principles. The vision, mission, and principles below define who we are and serve as our compass, guiding us on a daily basis.
Vision
We are a trusted US shipbuilder, challenging and redefining sustainable maritime solutions.
Mission
We push the boundaries of shipbuilding by combining people with technology to build best-in-class vessels, anchored in safety and customer needs.
Hanwha Core Values
Challenge
We believe in challenging the status quo in the pursuit of excellence through change and innovation
Dedication
We are dedicated to our company, customers, and one another to achieve excellence
Integrity
We believe in acting with integrity in everything we do, as individuals and employees
CORE Principles
Caring
We make safety personal and are dedicated to protecting each other.
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We are united to ensure our coworkers, company and communities succeed.
One Shipyard
We are proud to be part of an inclusive work environment where all feel welcome.
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We build lasting cooperation based on respect and integrity.
Responsible
We are environmental stewards and take care to protect future generations.
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We do what’s right because it’s the right thing to do.
Evolving
We challenge ourselves and each other to be better than yesterday.
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We support change that moves the organization into diverse markets.
Strategic Areas of Focus
World-Class Safety
Customer Commitments
Cost Competitiveness
High-Performance Organization
