US Edition
LNG Carrier to Be Jointly Built by Hanwha Geoje and Hanwha Philly
PHILADELPHIA COUNTY, PENNSYLVANIA, JUL 22 – The $251 million LNG carrier order marks a key step in reviving U.S. shipbuilding with technology transfer from South Korea and plans to build up to 10 vessels annually by 2035.
- On July 21, 2025, Hanwha Shipping ordered a liquefied natural gas carrier from Hanwha Philly Shipyard as the first U.S.-ordered, export-market-viable LNG carrier in almost 50 years.
- Following Washington's push for homegrown shipbuilding, Hanwha Philly Shipyard was acquired for $100 million in December last year, aligning with U.S. policies promoting domestic LNG vessel construction.
- With 174,000 cubic meters of capacity, the vessel incorporates GTT containment and a MEGI engine, while Hanwha Ocean builds in Geoje and Hanwha Philly manages U.S. Coast Guard compliance and final integration.
- It will bolster cooperation between South Korea's and U.S. shipbuilding industries, helping Hanwha expand its presence in the North American LNG shipping market.
- Looking ahead to 2028, delivery in the first half of 2028 paves the way for Hanwha to upskill the U.S. workforce and localize more LNG carrier components.
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19 Articles
The Manila Times
dailyguardian.caGreat Lakes Announces the Launch of the Acadia, the First U.S. Flagged, Jones Act Subsea Rock Installation Vessel
HOUSTON, July 23, 2025 (GLOBE NEWSWIRE) -- Great Lakes Dredge & Dock Corporation ('Great Lakes” or the 'Company”) (NASDAQ: GLDD), the largest provider of dredging services in the United States, today announced a major milestone in its Offshore Energy strategy with the recent launch of the Acadia at Hanwha Philly Shipyard. The Acadia is the first U.S flagged, Jones Act-compliant subsea rock installation (SRI) vessel.
Korean Conglomerate Hanwha Shipping Orders First US LNG Carrier
Hanwha Shipping, the American subsidiary of Hanwha Ocean, ordered a liquefied natural gas vessel from its affiliate Hanwha Philly Shipyard, marking the first US LNG ordered ship since the late 1970s, the company said.
Great Lakes Launches First US Subsea Rock Installation Vessel
Great Lakes Dredge & Dock Corporation, the largest provider of dredging services in the United States, has launched the first U.S. flagged, Jones Act-compliant subsea rock installation (SRI) vessel, named Acadia, at Hanwha Philly Shipyard.The…
Hanwha Shipping Orders LNG Carrier From Hanwha Philly Shipyard
RRelease From Hanwha USA Corporate Communications It will be the first U.S.-ordered LNG carrier since the late 1970s HOUSTON (July 21, 2025) – Hanwha Shipping, an American subsidiary of Hanwha Ocean, announced today that it has ordered a liquefied natural gas carrier (LNG) from its affiliate, Hanwha Philly Shipyard. This new LNG carrier will be constructed with advanced technology and propulsion systems and represent the first U.S.-ordered, ex…
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