Hanwha Shipping has signed the largest order for commercial vessels in twenty years. Through an agreement with its subsidiary, Hanwha Philly Shipyard, the company has ordered ten MR tankers and exercised the option for a second LNG tanker.
Maritime industry and oil tankers MR
This important contract is a turning point for the Philadelphia shipyard and is a clear sign of the reindustrialization of the U.S. maritime industry. The mid-range vessels, designed to transport crude oil and chemicals, will be integrated into the Jones Act fleet.
[post_relacionado]Likewise, the LNGgas carriers will be used for energy exports, supporting the energy security of the United States and its allies. This investment is a step forward in making U.S. shipyards competitive again in global export markets.
The collaboration between Hanwha Ocean of Korea and the Philadelphia shipyard is important to the success of this project. Hanwha plans to transfer its cutting-edge technology and advanced shipbuilding processes, which will enable the U.S. subsidiary to manufacture next-generation vessels.
Hanwha Shipping President and CEO Ryan Lynch said the ability to order these U.S.-made vessels is a direct result of the conglomerate’s investment in building a world-class shipyard in Philadelphia.
By establishing itself as the only company with major operations in both Korea and the United States, Hanwha strengthens the defense industrial supply chain and promotes U.S. companies’ access to foreign markets.
Source and photo: Hanwha