SEOUL, Sept. 23 (Korea Bizwire) — Major South Korean shipbuilder Hanwha Ocean Co. said Monday it has signed a partnership with the American Bureau of Shipping to jointly develop advanced offshore technologies. Under the agreement, signed during Gastech 2024, an international energy exhibition, in Houston, Texas, last week, the collaboration between Hanwha Ocean and ABS [...]
SEOUL, Sept. 3 (Korea Bizwire) — Hanwha Ocean Co., a major South Korean defense and shipbuilding company, said Tuesday it has begun maintenance, repair and overhaul (MRO) services for a 40,000-ton logistics support vessel of the U.S. Navy. The Wally Schirra arrived at Hanwha Ocean’s shipyard in Geoje on the southern coast of South Korea [...]
SEOUL, Jul. 26 (Korea Bizwire) — Hanwha Ocean Co., a shipbuilding and defense industry unit of South Korea’s Hanwha Group, said Friday it has been selected as the preferred bidder for the 460.1 billion-won (US$322.2 million) project to build the South Korean Navy’s logistics support ship, AOE-II. Hanwha Ocean will sign a contract with the [...]
SEOUL, Jul. 22 (Korea Bizwire) — Major South Korean shipbuilder Hanwha Ocean Co. said Monday it has signed a deal with U.S. Naval Supply Systems Command to join potential projects for the repair and maintenance of U.S. warships. Under the Master Ship Repair Agreement, Hanwha Ocean will be eligible for repair and maintenance projects for [...]
SEOUL, Jul. 1 (Korea Bizwire) — Major South Korean shipbuilder Hanwha Ocean Co. said Monday it has won orders totaling 2.15 trillion won (US$1.55 billion) for eight carriers from two Middle Eastern shippers. Hanwha Ocean will build four liquefied natural gas (LNG) ships for one undisclosed Middle Eastern shipper at a cost of 1.43 trillion [...]
SEOUL, Jun. 10 (Korea Bizwire) — South Korea’s major shipbuilder Hanwha Ocean Co. said Monday it has launched a new wind turbine installation vessel (WTIV). Ordered by Cadeler Inc. in 2021, the WTIV measures 148 meters in length and 56 meters in width. It is capable of sailing while carrying five offshore wind turbines, each [...]
SEOUL, May 31 (Korea Bizwire) — Hanwha Ocean Co., a shipbuilding and defense industry unit of South Korea’s Hanwha Group, said Friday it has partnered with three Canadian technology firms to enhance cooperation as part of its effort to bid for Canada’s maritime procurement project. During Canada’s Global Defence & Security Trade Show in Ottawa, [...]
SEOUL, May 7 (Korea Bizwire) — Officials from South Korean shipbuilder HD Hyundai Heavy Industries Co. have filed a criminal complaint against Hanwha Ocean Co. for alleged misrepresentation of facts and defamation in connection with the leak of military secrets, police said Tuesday. They lodged the complaint with the police Friday, alleging that Hanwha Ocean [...]
SEOUL, May 3 (Korea Bizwire) — South Korean shipbuilders have been exploring opportunities to enter the U.S. Navy’s maintenance, repair and overhaul (MRO) market, aligning with the United States’ efforts to revitalize its declining shipbuilding industry through collaboration with its Asian allies. HD Hyundai Heavy Industries Co. (HHI) and Hanwha Ocean Co. are pursuing partnership [...]
SEOUL, Apr. 17 (Korea Bizwire) — Hanwha Ocean Co., the world’s third-largest shipbuilder by order backlog, said Wednesday it has clinched a 176.4 billion-won (US$127 million) order to build a liquefied petroleum gas (LPG) carrier for a shipper based in the Americas. Hanwha Ocean will build the vessels at its shipyard in Geoje on the [...]