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Discover how Hanwha is pioneering transformative change worldwide

Feature Story November 14, 2025

How Hanwha Philly Shipyard plans to anchor America’s next shipbuilding boom

The world’s fleets, from defense to trade and transportation, are overdue for renewal. More than half of the global fleet is now over 20 years old, while scrapping remains low and demand continues to rise. In 2024, global ship orders surged nearly 34%. Geopolitical uncertainty, regulatory pressure, and renewed focus on supply-chain resilience are driving governments to rethink how to strengthen industrial capacity and build vessels fit for long-term needs. In the U.S., shipbuilding has become bo

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