Philly Shipyard

Philadelphia, United States Founded: 1997 • Age: 29 yrs Listed Acquired By Hanwha
Provider of ship repair and maintenance services

About Philly Shipyard

Philly Shipyard is an Aerospace, Defense & Maritime company based in Philadelphia (United States) founded in 1997, and was acquired by Hanwha in June 2024. Provider of ship repair and maintenance services. Its chief executive, as recorded, is Steinar Nerbovik. Its website phillyshipyard.com draws about 11 thousand monthly visits. Philly Shipyard offers products and services including Shipbuilding and Repairs and Maintenance. Its focus areas include Aerospace, Maritime and Defense and Ship Repair and Management Services. Its legal entity is Philly Shipyard, Inc.

Company details

Philly Shipyard was founded in 1997 in Philadelphia, United States, within the maritime sector. Commercial and government shipbuilding projects are handled at the facility. Repair and maintenance services for vessels are also delivered. A 39-month competency program is available for candidates lacking experience, enabling development into multi-skilled workers. Operations focus on U.S.-based naval and industrial needs.

  • Headquarters Philadelphia, United States
  • Stage Acquired
  • Sectors
    Aerospace, Defense & Maritime
  • Website category Business and Consumer Services · Shipping and Logistics
  • Email
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  • Phone
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  • Website phillyshipyard.com
  • Social LinkedIn X Facebook YouTube
  • Acquired by Hanwha (Jun 2024)
  • Legal Name Philly Shipyard, Inc
Key Metrics
  • Latest Funding Round
    $150M (USD), Debt – Conventional

    May 2016

  • Investors
    Hanwha

    & 1 more

  • Acquired by
    Hanwha

    (Jun 2024)

Products & Services of Philly Shipyard

Philly Shipyard offers a comprehensive portfolio of products and services, including Shipbuilding and Repairs and Maintenance.

Shipbuilding
Manufacturing

Oceangoing merchant vessels are constructed by Hanwha Philly Shipyard for commercial and government use.

Repairs and Maintenance
Services

Ships are repaired and maintained by Hanwha Philly Shipyard to support ongoing operations.

Apps and channels of Philly Shipyard

its YouTube channel Hanwha Philly Shipyard has 389 subscribers and 9 videos.

Hanwha Philly Shipyard
YouTube 389 subscribers 9 videos Science & Technology
Open channel

Videos from Philly Shipyard

The most watched videos on Philly Shipyard's YouTube channel, Hanwha Philly Shipyard (389 subscribers). Click a video to play it here.

NSMV I Start of Fabrication Ceremony - December 15, 2020
20.2K views
Ship Construction Time-lapse of Daniel K. Inouye (Philly Shipyard Hull 029 CV3600) - Delivered 2018
10.3K views
Dry-docking USNS Charlton at Philly Shipyard - Drone Viewpoint
8.8K views
USNS Charlton Arrives at Philly Shipyard for Repairs - March 25, 2021
7.5K views

More on Hanwha Philly Shipyard.

Funding Insights of Philly Shipyard

  • Total Rounds 2
  • Last Round Debt – Conventional β€” $150M
  • First Round $465,600

    (Sep 2009)

  • Investors Count 1

All 2 funding rounds of Philly Shipyard with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
May 2016$150MDebt – Conventional––
–
Sep 2009$465,600Grant––
Valuation history

2 investors in total: 2 institutional.

Investors in Philly Shipyard

Philly Shipyard has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Hanwha and National Oceanic and Atmospheric Administration.

All
Institutional
InvestorDescriptionFounded YearDomainLocation
noaa.gov
Manufacturer of solar cells, modules, and other related components
1952hanwha.comSeoul, South Korea
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Investor details for Philly Shipyard

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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  • Round participation
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People of Philly Shipyard

49 people are tracked at Philly Shipyard (10 in leadership, 4 in board & advisors, 35 in team).

NameRoleGroup
Steinar Nerbovik
CEO & PresidentLeadership
Steinar Nerbøvik
CEOLeadership
Michael Giantomaso
VP Human ResourcesLeadership
Ertugrul Atak
Construction Engineering DirectorLeadership
Dean Grabelle
Senior Vice President & General CounselLeadership
Thomas Grunwald
Senior Vice President, Business DevelopmentLeadership
Kristine Damli
Vice PresidentLeadership
Brian Leathers
Chief Financial OfficerLeadership
Michel Boeckx
Chief Information OfficerLeadership
Pedro Velis
Director, Talent Acquisition And Workforce DevelopmentLeadership
Amy Humphreys
Board MemberBoard & advisors
Elin Karfjell
Board MemberBoard & advisors
Kristian Rokke
Board ChairmanBoard & advisors
Jan Petter Hagen
Board MemberBoard & advisors
Seth Elmer
Cyber Security ManagerTeam
Glenn Cumbest
Hull Erection ManagerTeam
Bret Bye
Piping Engineering ManagerTeam
Sean Harvey
Talent Acquisition SpecialistTeam
Rachid Belarbi
Welding EngineerTeam
Mary Bankston Leonard
Project Planner For Building Methods -outfittingTeam

29 more people are available in the full profile.

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Complete people profiles for Philly Shipyard

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Timeline of Philly Shipyard

5 dated milestones of Philly Shipyard across 27 years, from founding to its latest funding, stage changes and deals.

  1. Founded Philly Shipyard is founded.
  2. Funding First funding round of $466K.
  3. Funding Latest funding round, Debt – Conventional, of $150.0M.
  4. IPO Lists on the stock exchange (IPO).
  5. Exit Acquired by Hanwha.

Web traffic of Philly Shipyard

The website of Philly Shipyard (phillyshipyard.com) receives about 11.3K visits a month and ranks #2,637,996 among all websites worldwide, #9,633 in Shipping and Logistics.

  • Monthly visits
    11.3K

    ▲ 23.7% vs previous month

  • Unique visitors
    4.3K

    per month

  • Global rank
    #2,637,996

    among all websites

  • Category rank
    #9,633

    Business and Consumer Services · Shipping and Logistics

Similar websites

Websites whose visitors overlap most with Philly Shipyard. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
cosco.com
cosco.com
100%
#9,674,808–
ral.gl
ral.gl
100%
#6,613,165–
matson.com
100%
126.9K#370,362View details
vanebrothers.com
vanebrothers.com
100%
#3,319,541–
sinotrans.com
100%
301.9K#164,638View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 7 similar websites and full traffic analytics for Philly Shipyard

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  • 7 similar websites
  • Audience overlap
  • Engagement analytics
  • Traffic by brand

Verified entity values are shown only after access is granted.

Top companies in Ship Repair & Lifecycle Services

3 companies that operate in the same segment as Philly Shipyard (Ship Repair & Lifecycle Services) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Products for boating, sailing, fishing, and paddling are supplied.
1968Watsonville, California, United StatesUSD 703.37 M3,358
Marina management services are provided in the Chesapeake Bay area.
2014Baltimore, Maryland, United StatesUSD 2.88 M
Boat towing and on-water assistance services are provided to boaters.
1983Southold, New York, United States
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Related news about Philly Shipyard

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Complete news archive for Philly Shipyard

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Frequently Asked Questions about Philly Shipyard

Philly Shipyard was founded in 1997 and raised its 1st funding round 12 years after it was founded.

Philly Shipyard is headquartered in Philadelphia, United States. It is registered at Philadelphia, Pennsylvania, United States.

Steinar Nerbovik is the CEO of Philly Shipyard, as recorded in our data.

Philly Shipyard was founded in 1997 in Philadelphia, United States, within the maritime sector. Commercial and government shipbuilding projects are handled at the facility. Repair and maintenance services for vessels are also delivered. A 39-month competency program is available for candidates lacking experience, enabling development into multi-skilled workers. Operations focus on U.S.-based naval and industrial needs.

Philly Shipyard offers Shipbuilding and Repairs and Maintenance.

Philly Shipyard has 2 investors. Key investors include Hanwha, and National Oceanic and Atmospheric Administration.

Philly Shipyard operates through Philly Shipyard, Inc.

Yes. Philly Shipyard was acquired by Hanwha in June 2024.

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