Philly Shipyard, Inc. the sole operating subsidiary of Philly Shipyard ASA (Oslo: PHLY), today began construction on the first of three Aloha Class LNG-fueled containerships to be built for Matson Navigation Company, Inc. (Matson).
Philly Shipyard, Inc, the sole operating subsidiary of Philly Shipyard ASA (Oslo: PHLY), today delivered the Patriot State, the second of five new purpose-built, state-of-the-art training vessels for America’s state maritime academies. The U.S. Department of Transportation’s Maritime Administration (MARAD) new vessel program – known as National Security Multi-Mission Vessels (NSMVs) – was designed to provide world-class training for America’s future mariners and to support humanitarian assistance and disaster relief missions in times of need. This second vessel, Patriot State, is being delivered to MARAD and will serve Massachusetts Maritime Academy.
Philly Shipyard published its first Sustainability Report describing its sustainable and ESG governance practices. The report outlines the achievements, strategies and benchmarks that are guiding PSI toward being environmental stewards in the maritime industry.
Philly Shipyard ASA has entered into a share purchase agreement with both Hanwha Systems and Hanwha Ocean (together “Hanwha”), for the purchase of Philly Shipyard, Inc. (“PSI”), the sole operating subsidiary of PHLY (the “Transaction”). The Transaction will result in the Company selling all of its business against receiving a cash consideration of USD 100 million.
Philly Shipyard, Inc. and Hyundai Heavy Industries signed a memorandum of understanding (MOU) to explore a potential business relationship relating to future U.S. government shipbuilding projects as well as maintenance, repair and overhaul (MRO) projects.
The 2024 annual general meeting of Philly Shipyard ASA was held today as a digital meeting with online participation. All resolutions were made in accordance with the proposals set out in the meeting notice.
The annual general meeting of Philly Shipyard ASA will be held on Monday, April 15, 2024 at 14:00 (CEST) as a virtual meeting.
Philly Shipyard ASA today publishes its Annual Report for 2023, which includes the annual accounts, the auditor's report for 2023 and the corporate governance report.
TOTE Services, LLC, (TOTE Services), Philly Shipyard, Inc., (Philly Shipyard) and California State University Maritime Academy (Cal Maritime) today celebrated the cutting of steel for the fifth National Security Multi-Mission Vessel (NSMV) destined for Cal Maritime in Vallejo, California. This ceremonial event signifies the start of construction for the vessel and occurred at Philly Shipyard’s plasma cutting machine as the button was pressed to start the plasma steel cutting process.
