Hanwha Makes $1.2 Billion Bid for Austal USA
South Korea’s Hanwha has made a preliminary offer worth up to $1.2 billion to acquire Austal USA, potentially giving the Korean defense giant control of one
South Korea’s Hanwha has made a preliminary offer worth up to $1.2 billion to acquire Austal USA, potentially giving the Korean defense giant control of one
The fourth of five National Security Multi-Mission Vessels (NSMVs) built for America’s state maritime academies has officially been christened, marking
TOTE Services and Hanwha Philly Shipyard have been selected to deliver the U.S. Missile Defense Agency’s next-generation Missile Range Instrumentation
JPMorgan Chase is investing $24 million to help strengthen the U.S. shipbuilding industry, including support for submarine manufacturing and maritime
A newly proposed liquefied natural gas project on Alaska’s North Slope is exploring whether sanctioned equipment originally built for Russia’s Arctic LNG 2
A major new partnership between South Korea’s Hanwha Ocean and Ontario Shipyards aims to bring large-scale shipbuilding back to Canada’s Great Lakes
Four MOL LNG carriers built for modern ice-strengthened operations remain idle more than six months after the European Union lifted sanctions following
Hanwha Defense USA and maritime autonomy startup HavocAI have formalized a strategic partnership to jointly develop and potentially mass-produce 200-foot
Hanwha's Philly Shipyard has the capability of building a nuclear-powered submarine for the U.S.Navy, said Alex Wong, global chief strategy officer at Hanwha
Australia’s Foreign Investment Review Board has approved South Korean shipbuilder Hanwha Corporation to increase its direct equity shareholding in Austal
South Korean shipping giant Hanwha Group has teamed up with U.S. defense startup Vatn Systems to develop autonomous underwater drones for the U.S. Navy, the
Copenhagen-based Cadeler has taken delivery of Wind Mover, the tenth vessel in its growing fleet of next-generation wind turbine installation vessels, marking
President Trump announced on Wednesday that South Korea will construct a nuclear-powered submarine in Philadelphia as part of a $350 billion trade agreement
President Trump praised South Korea’s acquisition and expansion of Philadelphia’s shipyard during his address to the Asia-Pacific Economic
U.S. Trade Representative Jamieson Greer is responding to China’s sanctions against companies supporting U.S. shipbuilding revitalization efforts,
China's sanctions on U.S.-linked units of shipbuilder Hanwha Ocean threaten to impact ambitious plans for shipbuilding cooperation between Seoul and Washington
China's sanctions against five U.S.-linked affiliates of South Korean shipbuilder Hanwha Ocean 042660.KS are seen as a warning gesture without immediate
China announced sanctions on Tuesday against five U.S.-linked subsidiaries of South Korean shipbuilder Hanwha Ocean amid trade tension between the world's
Hanwha Ocean has successfully completed the world’s first ship-to-ship (STS) transfer of liquefied natural gas between vessels undergoing sea trials. The
Hanwha Defense USA has appointed retired U.S. Navy Rear Admiral Tom Anderson as President of U.S. Shipbuilding, bringing his 34 years of naval experience to
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