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Tag: Hanwha Ocean

Hanwha Acquires Philly Shipyard to Expand Global Shipbuilding and Naval Technology

Hanwha Acquires Philly Shipyard to Expand Global Shipbuilding and Naval Technology

June 26, 2024 |

In Korea, Hanwha Systems and Hanwha Ocean have announced the acquisition of Philly Shipyard from Aker ASA, marking a significant expansion in their global defense and shipbuilding operations. The $100 million investment secures a leading U.S. shipbuilder that has produced around half of the large commercial ships under the Jones Act since 2000. Philly Shipyard, […]

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Hanwha Ocean to Showcase Eco-Friendly Technologies at Posidonia 2024

Hanwha Ocean to Showcase Eco-Friendly Technologies at Posidonia 2024

June 4, 2024 |

In Korea, Korea IT Times reports Hanwha Ocean will display a 93,000㎥ Very Large Ammonia Carrier (VLAC) at the Posidonia 2024 exhibition in Athens, Greece. Ammonia is emerging as a key fuel for the carbon-free era due to its lack of carbon dioxide emissions. Since late last year, demand for ammonia carriers has been increasing. […]

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