Hanwha acquires Philly Shipyard for $100m
The South Korean company will enter the US shipbuilding market with the acquisition, expected to close at the end of the year.
28 June 2024
28 June 2024
The South Korean company will enter the US shipbuilding market with the acquisition, expected to close at the end of the year.
The company is now awaiting approval from Japanese authorities before it closes the deal.
Regent has attracted $90m from global investors.
The company described the system’s successful tests as a “major breakthrough”.
Scepticism about ESG activities remains high, but businesses can avoid negative perceptions by supporting only aligned causes.
The Singapore-based feeder carrier has been one of the leading voices pushing methanol fuel use in the maritime industry.
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