U.S. shipbuilder Philly Shipyard will be sold to South Korean conglomerate Hanwha in a deal value at $100 million. The confirmation comes after months of rumors that the two parties…

Hanwha Ocean Aker Capital South Korea Jones Act Maritime Statecraft DSME American Matson South Korean Hanwha Systems Aker Philadelphia Shipyard Chairman of Philly Shipyard Daewoo Shipbuilding Marine Engineering Hanwha Group