New shiprepair yard coming to Philly

A company that has repaired some of the world’s largest cruise ships plans to set up a second operation in Philadelphia. The new shipyard, to be called PennShip Service, is expected to employ a core group of 200 workers and more when big projects are scheduled.

Under an agreement signed recently, PennShip will lease the site next to the Aker Philadelphia Shipyard, which has delivered six new cargo ships since it opened in 2000 and is now building three ships a year. The sites are part of the former Philadelphia Naval Shipyard, which closed in 1996.