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    Philly Shipyard Inc logo displays a ship silhouette against a red background with the company name below

    Philly Shipyard Inc.

    Hanwha Philly Shipyard is a premier U.S. shipbuilder in Philadelphia, delivering about half of all large Jones Act commercial vessels since 2000 and now part of Hanwha’s global shipbuilding network.

    Company Overview

    Hanwha Philly Shipyard, formerly known as Philly Shipyard Inc., operates a state-of-the-art shipbuilding facility in Philadelphia, PA. The company specializes in constructing large ocean-going commercial vessels, including tankers, container ships, and training vessels for government and commercial clients. As of December 2024, it is owned by Hanwha Systems and Hanwha Ocean, expanding Hanwha’s U.S. shipbuilding presence.

    Key Metrics

    200

    Import Shipments

    1

    Distribution Centers

    500.0M

    Annual Revenue

    1997

    Founded

    Company Profile

    Key Milestones

    Important company milestones and achievements.

    Markets Served

    Geographic markets and customer segments served.

    Ownership Structure

    Corporate ownership and organizational structure.

    Sales Channels

    Distribution networks and sales approaches.

    Recent Developments

    Hanwha Philly Shipyard is likely focused on integrating advanced shipbuilding technologies, expanding naval and commercial production, and supporting U.S. maritime revitalization efforts.

    Strategic Expansion

    Integration of Hanwha’s advanced marine and defense technologies into shipyard operations

    Market Expansion

    Strategic efforts to expand market presence and reach new customer segments.

    Technology Adoption

    Implementation of advanced technologies to improve service delivery and customer experience.

    Business Information

    Hanwha Philly Shipyard is a leading U.S. shipbuilder with a strong reputation for quality and reliability, having delivered around 50% of all large Jones Act commercial ships in the U.S. since 2000. The shipyard’s advanced facility supports the construction of a wide range of vessels, including tankers, container ships, and government training ships. Now under Hanwha ownership, the company is positioned to leverage cutting-edge marine technology and expand its capabilities in both commercial and defense sectors. The shipyard is committed to innovation, sustainability, and supporting the revitalization of U.S. maritime industries.

    Headquarters

    Philadelphia, PA, USA

    Founded

    1997

    Stock Symbol

    Private company