Company News

24 Apr
MOU_Philly Shipyard
Philly Shipyard and HD Hyundai Heavy Industries Sign Memorandum of Understanding

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.

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15 Apr
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Philly Shipyard ASA: Minutes from Annual General Meeting

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.

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20 Mar
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Philly Shipyard ASA: Notice of 2024 Annual General Meeting

The annual general meeting of Philly Shipyard ASA will be held on Monday, April 15, 2024 at 14:00 (CEST) as a virtual meeting.

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20 Mar
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Philly Shipyard ASA: Annual Report for 2023

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. 

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09 Feb
NSMV V Steel Cutting (19)
National Security Multi-Mission Vessel (NSMV) Program Achieves Milestone with Steel Cutting of Fifth Ship

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.

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06 Dec
Keel Lating NSMV IV (15)
National Security Multi-Mission Vessel Program Achieves Construction Milestone with Fourth Keel Laying

Philly Shipyard, Inc. marked a significant construction milestone at a keel laying ceremony for the fourth of five new purpose built, state-of-the-art training vessels for America’s state maritime academies.

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10 Oct
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Press Speculations

Philly Shipyard ASA (“PHLY” or the “Company”) has noted the recent press speculations regarding a potential transaction involving the Company and a Korean shipyard owner, Hanwha Ocean. As a matter of Company policy, we do not comment on rumours or speculation. The Company is continuously looking at strategic alternatives to maximize shareholder value and will inform the market in due course if and when appropriate in accordance with applicable law and regulations.

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08 Sep
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Philly Shipyard Delivers the First National Security Multi-Mission Vessel (NSMV), Empire State

Philly Shipyard, Inc. delivers the Empire State, the first of five new purpose-built, modern 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)

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20 Jul
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Philly Shipyard Achieves Milestone with Steel Cutting for Offshore Wind Vessel with Visit by President Biden

Philly Shipyard, Inc. and Great Lakes Dredge & Dock Company, LLC today celebrated the cutting of steel for the Jones Act-compliant Subsea Rock Installation Vessel (SRIV). When complete, the SRIV will be the first such ship to enter the U.S. offshore wind market.

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