Hanwha Ocean
한화오션
Major shipbuilder for LNG carriers and naval vessels.
Latest News
South Korea, US Line Up High-Level Talks as Hormuz, Investment Issues Converge
Seoul and Washington are preparing a wave of diplomatic and defense consultations this week, including a possible Cho Hyun-Marco Rubio meeting and a Busan defense dialogue, as the allies weigh a Korean role near the Strait of Hormuz and finalize early projects under Seoul's $350 billion US investment pledge.
Hanwha Ocean Wins $1.5 Billion in New Ship Orders, Lifting Shipbuilding Stocks
Hanwha Ocean landed roughly $1.5 billion worth of new vessel contracts this week, adding to its already swollen order backlog and driving a rally in South Korean shipbuilding shares.
Hanwha Group to Invest $299 Million in Its US Defense Subsidiaries
Hanwha Group is pouring $299 million into two of its American units, Hanwha Defense USA and Hanwha Futureproof, as it accelerates its push into the U.S. defense procurement market. The move comes days after Hanwha Defense USA was picked as the sole contractor for a U.S. Army wheeled artillery prototype program.
