SEOUL, Nov. 27 (Korea Bizwire) — Hanwha Ocean Co., a shipbuilding unit of chemical-to-aerospace conglomerate Hanwha Group, said Monday it has received a 163 billion-won (US$125 million) ammonia ship order from an unspecified client in the Oceania region. Hanwha Ocean will build the ammonia carrier by September 2026 for the unidentified shipper in the Oceania [...]
SEOUL, Nov. 14 (Korea Bizwire) — Major South Korean shipbuilder Hanwha Ocean Co. said Tuesday it has bagged a 656.2 billion-won (US$498 million) order for four very large ammonia carriers (VLAC) from a Greek shipper. The vessels will be constructed at Hanwha Ocean’s shipyard in Geoje on the south coast and delivered to Naftomar Shipping [...]
SEOUL, Sept. 21 (Korea Bizwire) — Major South Korean shipbuilder Hanwha Ocean Co. said Thursday it has signed an agreement with three foreign institutions on the development of a large liquefied carbon dioxide carrier. The deal calls for Hanwha Ocean and the institutions to share their know-how and experiences to develop a 40,000-cubic-meter liquefied CO2 [...]
SEOUL, Sept. 8 (Korea Bizwire) — Major South Korean shipbuilder Hanwha Ocean Co. said Friday it has won a series of certifications for eco-friendly technologies from major global maritime rating agencies at an ongoing world gas industry exhibition. Hanwha Ocean, formerly Daewoo Shipbuilding & Marine Engineering Co. (DSME), has obtained an approval in principle (AIP) [...]
SEOUL, Aug. 23 (Korea Bizwire) — Major South Korean shipbuilder Hanwha Ocean Co. said Wednesday it will raise 2 trillion won (US$1.5 billion) via a rights offering to secure funds for facility investments and other purposes. Hanwha Ocean, formerly Daewoo Shipbuilding & Marine Engineering Co. (DSME), will issue some 89.48 million common shares at a [...]
SEOUL, July 12 (Korea Bizwire) — South Korean shipbuilder Hanwha Ocean Co. said Wednesday it has succeeded in developing three key devices of a submarine sonar system. They include a sonic depth finder, a sonar beacon and an underwater environment measuring apparatus, which could help boost the operational capability and viability of a submarine, Hanwha [...]