South Korean Shipbuilder Hanwha Makes $100M Bid to Buy Philly Shipyard, SECNAV Del Toro Praises Deal by Sam Lagrone | JUNE 20, 2024 | USNI News An American shipyard that builds domestic cargo vessels and training ships for U.S. maritime colleges has agreed to a deal, in which it would be bought by a major South Korean shipbuilder. Pending regulatory approvals, Philly Shipyard is set to be acquired by Hanwha Systems and Hanwha Ocean for $100 million from its Norwegian parent Anker ASA, according to a statement from the Philadelphia yard on Thursday. “Recognized as a global leader, Hanwha brings a wealth of sophisticated shipbuilding experience that will enable Philly Shipyard to realize a grander vision for its employees and customers,” Kristian Røkke, chair of Philly Shipyard ASA, said in a Thursday statement. The South Philadelphia shipyard was built following the 1996 closure of the former U.S. Navy Philadelphia Naval Shipyard and specializes in building Jones Act ships – vessels that meet the requirement of the 1920 law that requires American-built and flagged ships to move goods inside the United States. The yard currently employs about 1,500 shipyard workers and currently has five ships under construction and three more under contract, company spokesperson Kelly Whitaker told USNI News. Among the ships, Philly Shipyard was contracted to build five National Security Multi-Mission Vessels for the Marine Administration. The NSMVs are set to serve as training vessels for U.S. maritime schools. The yard delivered the first, Empire State VII built for the State University of New York Maritime College, last year. Patriot State II for the Massachusetts Maritime Academy is set to deliver this year. Read more here: https://lnkd.in/dAazfCTv
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The NSO Skills Delivery Group is up and running! Our first meeting took place at Cammell Laird and we had the opportunity to see first hand some of the amazing work there including delivery of skills and training on site. Our next meeting is on the 31st July and I would really like to hear from my LinkedIn connections about their current and future skills needs. For example, * What are the biggest recruitment and training issues as business you face now? *We talk a lot about skills gaps but what are those skills gaps now? Are they trade specific (for example welding / composites etc) or are they soft skills / power skills? *Most important of all, what do believe are your future skills and training needs, especially with the move to decarbonisation? Or are the skills going to be unchanged from now? I'll come onto the ideas and opportunities in another post but any ideas about how we attract the workforce of the future to consider our amazing maritime sector as a career choice are always welcome!
The Shipbuilding Skills Delivery Group launched in May by the National Shipbuilding Office kicked off with its first meeting last Friday held at Cammell Laird Shiprepairers & Shipbuilders Limited's impressive site in Birkenhead - our thanks to the Cammell Laird team for hosting us and allowing us to tour their facility. We have an excellent team of industry volunteers making up our group - my thanks to Scarlett Black, Andy Bullock, Clare Caulfield, Robyn Dewar, Mark Harvey, David Honeyman, Elizabeth O'Connor, Richard Purdy, Matthew Roberts, Paul Singer, CMgr MCMI, David Tydeman and David Wilson - and we are strongly supported by colleagues from the National Shipbuilding office and UK and devolved governments and agencies. The theme from our discussions which I took away from Friday is that whilst our #shipbuilding #skills challenge is undoubtedly significant and far reaching, its balanced by real and exciting opportunities for UK Shipbuilding if we can collectively work together to deliver actions that help.
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Yes Let’s talk about shipbuilding… I see lots of great articles about ship building and while they are all good to read and they all have great points about our present issues. I can’t seem to see the how did we get here. I’ll be glad to walk any of this writers or pod caster trough the sequence of events (as I see them) start in the year 2000 and walk your way to 2024. This is not a new construction issue it is an industry issue but, again how did we get here? Ship building would not exist without repair Yards and repairs yards will not exist without any New construction yards. So what is missing??? What happened since 2000 to Now? What change trough the years? What can we do better thatn what we are not doing today?
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The US shipbuilding industry is ripe for disruption and investments. This article oversimplifies the issues within our shipbuilding sector. Where there is a problem, there lies an opportunity.
Navy warship production in worst state in 25 years. What’s behind it?
navytimes.com
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Private Investigator, Freelance Intelligence Analyst, Security Consultant, AML Analyst, Risk Management OSINT Geopolitical
🇺🇸⚓️🇯🇵🇰🇷 U.S. seeks to revive idled shipyards with help of Japan, South Korea Struggling to keep up with China's naval shipbuilding spree, the U.S. is looking to reopen closed or inactive American shipyards with the help of Asian capital, engineers and shipbuilding expertise. U.S. Ambassador to Japan Rahm Emanuel, who accompanied Del Toro to Mitsubishi Heavy Industries' shipyard in Yokohama on Thursday, told Nikkei Asia that the visit had a dual purpose: to inspect the repair work conducted on the fleet replenishment oiler USNS Big Horn and to gauge the interest of the Japanese company in investing in a closed U.S. shipyard. "There's a closed plant in Philadelphia. There's a closed Navy shipyard in Long Beach. And there are a couple of others," Emanuel said. "We wanted to see if Mitsubishi and other Japanese companies would be interested in potentially investing and reopening one of those shipyards and being part of building Navy, commercial and Coast Guard ships." Emanuel is advocating for the use of Japanese private shipyards to conduct maintenance, repairs and overhauls of U.S. warships. Initially it would involve ships deployed to Japan, but eventually could be expanded to ships ported in the U.S. He pointed to the strategic and industrial value of such a move. "It keeps ships in theater so that we don't lose time on the travel back and forth from the United States when it comes to repair work. The repair work being done here would relieve pressure on American shipyards so they are building new ships," he said. But while quick repairs on damages suffered through deployment are allowed, like the Big Horn at Mitsubishi, U.S. law prohibits U.S.-based ships to undergo full-scale overhaul, repair or maintenance at a shipyard outside the U.S. or Guam. Changing such a law -- put in place to protect U.S. jobs -- may face headwinds, especially in an election year. 🗄 Archive 🔗 https://lnkd.in/eE5aRrdy
U.S. seeks to revive idled shipyards with help of Japan, South Korea
asia.nikkei.com
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There is an opportunity for small businesses to capitalize on the inefficiencies of the US shipbuilding industry by helping to shrink the construction backlogs. At Coastal SBS we are looking for small businesses with the ability and capacity to service the US shipbuilding industry. #Shipbuilding #Navy #DefenseIndustry #Manufacturing #Innovation #IndustrialBase #SmallBusiness
The US shipbuilding industry is ripe for disruption and investments. This article oversimplifies the issues within our shipbuilding sector. Where there is a problem, there lies an opportunity.
Navy warship production in worst state in 25 years. What’s behind it?
navytimes.com
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You Are the Key: Why US Navy Shipbuilding Needs Your Support Imagine America's warships relying on foreign hands for repair and construction. This recent article in Defense News warns of this very situation, highlighting the dangers of outsourcing Navy shipbuilding. Here's why keeping these critical tasks within the US directly impacts you: Your National Security is at Stake: Our warships are symbols of American power and essential for defending our interests around the globe. Outsourcing construction or repair could introduce vulnerabilities in design, materials, or workmanship. Imagine vital repairs being delayed due to geopolitical tensions or a foreign country prioritizing its own economic interests over yours. The American Economy Needs You: The US shipbuilding industry employs thousands directly, and supports countless others in related fields. A 2020 study by the Navy League found that shipbuilding contributes over $39 billion annually to the US economy. Outsourcing would be a devastating blow to these jobs and communities, potentially impacting your livelihood or the well-being of someone you know. Innovation Relies on You: American shipbuilders are at the forefront of naval innovation. Keeping these capabilities in-house ensures the Navy has access to the latest technologies and can maintain its technological advantage over potential adversaries. This technological edge ultimately safeguards your security and the security of your loved ones. Rapid Response When You Need It: In times of crisis, a robust domestic shipbuilding industry allows for faster repairs and the quick construction of new vessels. Relying on foreign sources could lead to delays that could compromise national security, potentially putting you and your country at risk. The US Navy is a cornerstone of American defense. By keeping shipbuilding and repair within our borders, we safeguard our national security, our economy, and our technological edge. Isn't the peace of mind of a strong Navy worth keeping these critical aspects of American power in American hands?
There is more than enough Capacity in US Shipyards to accomplish all the fleets Maintenance needs. Many yards are slow, laying off and fighting over what little work is being put out.
Outsourcing Navy shipbuilding weakens the United States
defensenews.com
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It looks like Davie Shipbuilding is going to help Bollinger [formerly Halter Marine] try to get the Polar Security Cutter (PSC) [formerly Heavy Polar Ice Breaker (HPIB)] program across the finish line for the United States Coast Guard (USCG). Davie may even be purchasing Bollinger, but the deal's structure has yet to be disclosed. It will be interesting to see how this plays out and how it affects the South Coast's shipping industry. https://lnkd.in/gtpwZdiy
FACT SHEET: White House Announces New Private Sector Investments in American Maritime Industries Due to Biden-Harris Administration Efforts | The White House
whitehouse.gov
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Interesting perspective bucking the “rampant waterfront defeatism” in the U.S.: “Put bluntly, with the right shipyard sites, modern facilities, new fabrication methods and community support, America can re-build its long-abandoned record of shipbuilding prowess, and compete globally.” https://lnkd.in/gFnQq4Ab
As Asian Shipbuilders Eye U.S., America’s Maritime Defeatism Is Nuts
social-www.forbes.com
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4moInteresting!