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In Shipbuilding, the U.S. Is Tiny and RustyTake a look at a pair of recent boxship orders placed with the same company: Hanwha, a South Korean conglomerate that acquired the Philly Shipyard last year and operates shipyards in South Korea.
The businessman and fundraiser told the Senate Armed Services Committee that he received a text message from the commander in chief at 1:18 a.m. one morning with three pictures of rusty warships ...
Asian shipyards churn out hundreds of big boxships and oil tankers a year. The U.S. is lucky if it can finish more than one each year. It has been that way for decades. Few major American ...
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