A $100 million offer from South Korean shipbuilder Hanwha Systems and Hanwha Oceans to buy the Philadelphia-based Philly Shipyard has the support of Navy Secretary Carlos Del Toro, who has previously encouraged foreign investment in the U.S. industrial base. Pending regulatory approvals, Hanwha has reached a purchase agreement with the current owner of Philly Shipyard, Norwegian investment group Anker ASA, according to a Thursday announcement from the yard . If all conditions are satisfied, the deal will close in the...
