The Hanwha Philly shipyard delivers around 1 ship a year. A South Korean Hanwha shipyard delivers 1 a week.
With the U.S. military on high alert amid the Iran war, there’s a national security crisis closer to home: the state of the American shipbuilding industry. The nation’s naval shipbuilding program is bloated and slow, and commercial shipbuilding is near non-existent. Hanwha, which owns one of the only U.S. shipyards still building large commercial cargo … Read more