The Jones Act Desk
Ships, ports, and the law of American shipping.
Tuesday, November 3, 2026 · UTC
Shipbuilding

Hanwha names Hyuk Kim president of Philly Shipyard, HDUSA takes majority ownership

Changes at the Philadelphia shipyard were detailed in filings published 3 November 2026.

Ingrid Sorensen
Shipbuilding Correspondent
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New leadership takes helm at Philly Shipyard
New leadership takes helm at Philly Shipyard AI illustrationhow this picture was made
Hanwha has appointed Hyuk Kim President of Hanwha Philly Shipyard, Inc, effective immediately.[1] HDUSA has assumed majority ownership of the yard. Retired RADM Tom Anderson will oversee operations under the new ownership structure.[2] Hanwha Philly Shipyard was awarded the Missile Range Instrumentation Vessel contract for the US Missile Defense Agency in July.[3]
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What this stands on
  1. Hanwha announced Hyuk Kim has been appointed President of Hanwha Philly Shipyard, Inc. effective immediately. · The Maritime Executive
  2. HDUSA has assumed majority ownership of Hanwha Philly Shipyard, with operations overseen by retired RADM Tom Anderson. · The Maritime Executive
  3. Hanwha Philly Shipyard was awarded the Missile Range Instrumentation Vessel contract for the US Missile Defense Agency in July. · The Maritime Executive
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