Hanwha bankrolls Philly revival in showpiece of Korea-US shipbuilding pact

Hanwha Group has unveiled a $5bn expansion plan for Hanwha Philly Shipyard as well as ordering 10 tankers to be built in Philadelphia, in a landmark moment for Korea-US industrial cooperation designed to revive American shipbuilding. The announcement was made on Tuesday at the christening of the State of Maine, the third National Security Multi-mission …

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