South Korea’s Top Three Shipbuilders Forecast 45% YoY Operating Profit Growth in 2026
According to South Korea’s Chosun Ilbo, South Korea’s three major shipbuilders—HD Hyundai Heavy Industries, Hanwha Ocean and Samsung…
Hanwha Ocean Delivers Advanced LNG Carrier to GasLog
Hanwha Ocean recently announced that it has delivered the 174,000 mÂł liquefied natural gas (LNG) carrier “Woodside Barumbara”…
Hanwha Ocean Bags Order for Four 13,000 TEU LNG Dual-Fuel Container Ships from HMM
On November 28, Hanwha Ocean announced the signing of a contract with South Korean shipowner Hyundai Merchant Marine…
Korea-Poland defence cooperation to continue despite failed sub bid
MOD Spokesperson Lee Kyung-ho said in a press briefing that, “large-scale arms industry cooperation is under way with…
Hanwha Ocean Launches First KSS-III Batch-II Submarine
The Republic of Korea (ROK) Navy and South Korea’s Defense Acquisition Program Administration (DAPA) held a launching ceremony…
China’s sanctions unlikely to derail Korea’s $150b US shipbuilding push
Market shrugs off Beijing’s move, with shipbuilder stocks rebounding on easing concerns Hanwha Philly Shipyard (Hanwha Group) Korea’s…
Hanwha conducts pioneering LNG transfer between ships under sea trials
South Korea’s Hanwha Ocean has completed what it says is the world’s first ship-to-ship (STS) transfer of liquefied…
Hanwha’s 7th-gen drillship kicks off maiden contract with Petrobras
A drillship owned by Hanwha Drilling, part of South Korea’s Hanwha Ocean, has commenced its assignment with Brazil’s…
Hanwha Philly Shipyard Lands First U.S. LNG Carrier Order in Decades From Hanwha Affiliate
Hanwha Shipping, a unit of South Korean conglomerate Hanwha Group, announced today it has ordered a liquefied natural…
South Korea, Japan step up as US targets China’s shipbuilding industry – can they succeed?
As the United States vows to curb China’s dominance in shipbuilding – despite its domestic capacity being nearly…
South Korea counts on shipbuilding to ease US tariff woes | National
Asia’s fourth largest economy South Korea is facing gruelling tariffs by US President Donald Trump, but its shipbuilding…
Hanwha Ocean to build LNG carrier duo for its shipping unit
Hanwha Ocean announced the order with Hanwha Shipping LLC in a stock exchange filing on Monday. According to…