Overview

• Hanwha detailed yard upgrades including reconverting a second dry dock at about $70 million, considering a second Goliath crane costing $60–80 million, expanding block shops, and adding robotic welding and digital-twin tools.
• Hanwha Shipping ordered 10 medium-range oil and chemical tankers from the Philadelphia yard, with the first delivery targeted for 2029.
• The yard secured an LNG carrier order in July with technology transfer from Hanwha Ocean, and Hanwha says a second LNG carrier has now been ordered.
• Workforce plans call for recruiting apprentices to more than double roughly 1,800 current jobs over several years as output scales toward about 20 ships a year.
• Reporting underscores weak domestic suppliers and skilled-labor shortages that could slow progress, even as the effort links to a South Korean $150 billion support program.