{"id":16785,"date":"2026-05-14T13:32:51","date_gmt":"2026-05-14T13:32:51","guid":{"rendered":"https:\/\/www.europesays.com\/korea\/16785\/"},"modified":"2026-05-14T13:32:51","modified_gmt":"2026-05-14T13:32:51","slug":"atkinsrealis-signs-memorandum-of-understanding-with-hanwha-ocean","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/korea\/16785\/","title":{"rendered":"AtkinsR\u00e9alis signs memorandum of understanding with Hanwha Ocean"},"content":{"rendered":"\n<p class=\"yf-1fy9kyt\">MONTREAL \u2014 Engineering firm AtkinsR\u00e9alis Group Inc. has signed a memorandum of understanding with Hanwha Ocean, the South Korean shipbuilder hoping to win the contract for the Canadian navy&#8217;s next fleet of submarines.<\/p>\n<p class=\"yf-1fy9kyt\">The companies say the agreement is a first step and creates a framework for long-term collaboration to explore opportunities supporting Canada&#8217;s submarine capability.<\/p>\n<p class=\"yf-1fy9kyt\">Steve SK Jeong, a senior executive vice-president at Hanwha Ocean, says AtkinsR\u00e9alis brings strong experience in complex systems and life cycle support, together with a strong understanding of the Canadian environment.<\/p>\n<p class=\"yf-1fy9kyt\">Jeong says the agreement establishes a basis to explore how the companies can work together in submarine capability, industrial capability development in Canada, and long-term support.<\/p>\n<p class=\"yf-1fy9kyt\">The South Korean company and ThyssenKrupp Marine Systems, or TKMS, are the finalists in a competition to build a fleet of up to 12 conventionally powered submarines for the Canadian navy.<\/p>\n<p class=\"yf-1fy9kyt\">Hanwha and South Korean officials have framed the submarine contract as a starting point for a deeper industrial relationship between Canada and Korea.<\/p>\n<p class=\"yf-1fy9kyt\">This report by The Canadian Press was first published April 14, 2026.<\/p>\n<p class=\"yf-1fy9kyt\">Companies in this story: (TSX:ATRL)<\/p>\n<p class=\"yf-1fy9kyt\">The Canadian Press<\/p>\n","protected":false},"excerpt":{"rendered":"MONTREAL \u2014 Engineering firm AtkinsR\u00e9alis Group Inc. has signed a memorandum of understanding with Hanwha Ocean, the South&hellip;\n","protected":false},"author":2,"featured_media":16786,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[30],"tags":[12068,5637,355,354,373,1129,1484],"class_list":["post-16785","post","type-post","status-publish","format-standard","has-post-thumbnail","category-hanwha","tag-atkinsrealis-group-inc","tag-capability-development","tag-hanwha","tag-hanwha-group","tag-hanwha-ocean","tag-memorandum-of-understanding","tag-south-korean"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/posts\/16785","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/comments?post=16785"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/posts\/16785\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/media\/16786"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/media?parent=16785"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/categories?post=16785"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/korea\/wp-json\/wp\/v2\/tags?post=16785"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}