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Hanwha Ocean

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Situations

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South Korean industrial profit trends

2 clusters · 6 sources · last updated

Latest: South Korean industrial sectors show mixed Q3 performance

Major South Korean companies in the shipbuilding, energy materials, and shipping sectors reported significant third-quarter operating profit growth. In the shipbuilding industry, HD Korea Shipbuilding & Offshore Engine

[ACTIVE] [BUSINESS] [KR] [US]

Hanwha Ocean investment in US shipbuilding

4 clusters · 14 sources · last updated

Latest: Hanwha secures first US Navy medium landing ship construction contract

South Korean conglomerate Hanwha is executing a multi-billion dollar strategy to revitalize US shipbuilding capacity through its acquisition of Philly Shipyard. Following the initial $100 million acquisition in December

[ACTIVE] [BUSINESS] [KR] [US] [JP]

South Korean market volatility and semiconductor sector

11 clusters · 52 sources · last updated

Latest: South Korean stocks plunge amid AI investment concerns

South Korean financial markets have faced ongoing volatility in both equity and currency sectors. While the South Korean won has shown strength against the U.S. dollar, the KOSPI has struggled with significant fluctuatio

[ACTIVE] [BUSINESS] [KR]

South Korean shipbuilding industry developments

2 clusters · 3 sources · last updated

Latest: South Korean shipbuilding giants conclude annual labor negotiations

Samsung Heavy Industries has entered into investment agreements with Geoje and Haman counties to bolster regional shipbuilding and marine infrastructure. The company aims to establish an advanced high-value ship and mari

[QUIET] [BUSINESS] [KR]

South Korean container shipping expansion

3 clusters · 12 sources · last updated

Latest: HMM invests $1.62 billion in 12 new container ships

South Korean maritime entities are expanding container ship capacity through new construction and fleet investments. In September 2026, HJ Heavy Industries secured a contract worth approximately 678.9 billion KRW to bui

[QUIET] [BUSINESS] [KR] [TH] [DE]

Maritime industry decarbonization and technology development

5 clusters · 22 sources · last updated

Latest: Shell, Lloyd’s Register, and GTT launch hybrid-electric LNG carrier project

The maritime industry is advancing zero-emission and eco-friendly shipping technologies through new vessel orders and technological showcases. GMI has ordered two hydrogen-powered coastal bulk carriers from Chowgule Ship

[QUIET] [BUSINESS] [GR] [CY]

Greek naval shipbuilding industry development proposal

2 clusters · 4 sources · last updated

Latest: Hellenic Shipyards Association proposes strategic defense plan

The Hellenic Shipbuilders Association (EEN/HSA) has proposed a long-term strategic framework to develop a domestic naval shipbuilding industry. Initially, the association suggested a 15-year program for warships and subm

[QUIET] [BUSINESS] [PL] [SE] [KR]

Poland Orka submarine procurement program

2 clusters · 6 sources · last updated

Latest: Sweden to lease HMS Södermanland submarine to Poland

Poland has initiated the Orka program to modernize its naval capabilities by selecting the Swedish company Saab to provide three advanced A26-class submarines. The procurement process included competition from other inte

[QUIET] [BUSINESS] [KR]

South Korean maritime and marine industry exhibitions

2 clusters · 6 sources · last updated

Latest: Busan hosts 2026 International Offshore Energy Plant Exhibition

South Korea has hosted several maritime and marine-related industry exhibitions in late 2026. In September, Gyeongsangbuk-do held the Marine and Fisheries Expo in Daegu. The event focused on promoting regional seafood,

[QUIET] [BUSINESS] [KR] [GB] [NL]

South Korea adopts Arctic shipping as national policy

8 clusters · 72 sources · last updated

Latest: South Korea completes first commercial Arctic voyage to Europe

South Korea has formally adopted Arctic shipping development as a national policy under the Lee Jae-myung administration. To support this strategic pivot, the Ministry of Ocean and Fisheries has relocated to Busan to est

[QUIET] [BUSINESS] [KR]

Hanwha Ocean subcontractor labor disputes

2 clusters · 5 sources · last updated

Latest: Hanwha Ocean subcontracted workers end crane protests for first bargaining session

Labor disputes involving subcontractors at the Hanwha Ocean shipyard in Geoje have escalated from allegations of safety concealment to direct collective bargaining. In mid-September, the Korean Metal Workers' Union acc

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