Hanwha Philly Shipyard, Inc. (HPSI), a wholly-owned U.S. subsidiary of Hanwha Systems and Hanwha Ocean, and Matson, Inc.

The U.S.-Korea alliance is no longer defined solely by military bases and defense treaties. It is being redefined in ...

Honolulu-headquartered Matson, Inc. (NYSE: MATX) reports that its Matson Navigation Company Inc. subsidiary has signed ...

The American shipping subsidiary of South Korean industrial conglomerate Hanwha in July ordered a liquified natural gas (LNG) ...

U.S. Secretary of the Navy John Phelan and White House budget official Russel Vought visited Hanwha Philly Shipyard shortly ...

Shipbuilding in the United States has been all but dormant, but a South Korean company — with help from the Trump ...

On the banks of the Delaware River, a bright orange crane visible from the interstate stands above the remnants of a once ...

US Navy Secretary John Phelan and White House Budget Director Russell Vought visited Hanwha Group's Philly Shipyard in ...

Hanwha Group's U.S. Philly Shipyard, which was acquired last year with an investment of $100 million (approximately 143.1 billion won), continues to incur losses. With ongoing investments in ...

A tuition-free, grant-funded training program for trade workers at local community colleges is helping Hanwha — the Korean ...

President and CEO Ryan Lynch says the company’s focus is trained on LNG carriers, but VLCCs could also move stateside ...

A flagging U.S. industry looks for new life in a Philadelphia shipyard Shipbuilding in the United States has been all but dormant, but a South Korean company sees upside.