hanwha ocean


Thursday, May 1, 2025
SECNAV John Phelan tours Hanwha Ocean shipyard in Korea
Defense

Secretary of Navy Visits South Korean Shipyards Amid Growing Maritime Ties

Secretary of the Navy John Phelan visited major South Korean shipyards this week amid strengthening maritime cooperation between the United States and the

27 minutes ago
Total Views: 52

Monday, April 21, 2025
Hanwha Ocean Launches Drillship ‘Tidal Action’ for Petrobras Charter
Offshore

Hanwha Ocean Launches Drillship ‘Tidal Action’ for Petrobras Charter

South Korean shipbuilder Hanwha Ocean has marked its entry into the deepwater drilling operations sector with the naming ceremony of its next-generation

April 21, 2025
Total Views: 1513

Wednesday, March 19, 2025
The U.S. Navy replenishment vessel USNS Wally Schirra sets sail after successful MRO project
Defense

Hanwha Ocean Completes Landmark U.S. Navy Ship Maintenance, Marking First Korean Shipyard Contract

In a significant milestone for South Korea’s maritime industry, Hanwha Ocean has successfully completed maintenance and overhaul work on the Military

March 19, 2025
Total Views: 2000

Friday, December 20, 2024
Hanwha Philly Shipyard building dock
Shipbuilding

Hanwha Completes $100M Acquisition of Philly Shipyard, Marking First Korean Shipbuilder in U.S.

South Korean conglomerate Hanwha Group has completed its $100 million acquisition of Philly Shipyard through its subsidiaries Hanwha Systems and Hanwha Ocean,

December 20, 2024
Total Views: 4883

Saturday, November 9, 2024
Shipping

Asia Investors Chasing Trump Bets Zero In on Trade War Winners

By Abhishek Vishnoi and Georgina McKay (Bloomberg) – Investors across Asia have ramped up bets on potential winners from Donald Trump’s imminent return to

November 9, 2024
Total Views: 1364

Monday, September 30, 2024
daewoo shipbuilding
Accidents

Hanwha Ocean Faces Shipyard Delays Following Worker Fatality

The death of a worker at Hanwha Ocean’s shipyard early this month has ignited scrutiny over safety practices in South Korea’s shipbuilding industry.

September 30, 2024
Total Views: 1024

Sunday, September 29, 2024
Aerial view of a ship drydock in South Korea
Navy

Hanwha Ocean 4300 Frigate: South Korea’s Newest Weapon to Challenge China’s Naval Might

by John Konrad (gCaptain) At a defense expo in the Philippines, South Korea’s Hanwha Ocean unveiled its Ocean 4300 frigate, signaling more than just a new

September 29, 2024
Total Views: 7368

Wednesday, September 25, 2024
Austal USA shipyard
Shipbuilding

Hanwha Abandons Austal Takeover Bid Amid Due Diligence Dispute

Korean conglomerate Hanwha has officially withdrawn its takeover bid for Australian defense shipbuilder Austal, citing insurmountable obstacles in conducting

September 25, 2024
Total Views: 1963

Saturday, September 21, 2024
SECNAV vistis South Korean and Japanese shipyards
Navy

US Navy Collaborates with Allies’ Shipyards to Counter China’s Maritime Expansion

(Bloomberg) In any high-stakes military conflict with China, the US Navy will be critical to winning. But America’s shipbuilding industry is far from able to

September 21, 2024
Total Views: 3472

Thursday, August 29, 2024
Secretary of the Navy Carlos Del Toro visits Hanwha Ocean shipyard in Geoje, Republic of Korea, Feb. 27, 2024. U.S. Navy Photo
Defense

South Korean Shipbuilder Hanwha Ocean Secures Landmark U.S. Navy Maintenance Deal

Hanwha Ocean, the major South Korean shipbuilder, has secured a groundbreaking contract with the U.S. Navy for the maintenance, repair, and overhaul (MRO) of a

August 29, 2024
Total Views: 1248

Thursday, June 20, 2024
The first-in-class National Security Multi-Mission Vessel, NSMV 1, aka Empire State VII, is floated out of dry dock at Philly Shipyard. Photo: courtesy of RADM Alfultis
Shipbuilding

Philly Shipyard Sold to Hanwha for $100 Million

U.S. shipbuilder Philly Shipyard will be sold to South Korean conglomerate Hanwha in a deal value at $100 million. The confirmation comes after months of

June 20, 2024
Total Views: 24587

Wednesday, April 24, 2024
Aerial view of a container ship
Shipping

Hanwha Ocean Moves to Advance Ammonia Fuel in Shipping

One of the world’s leading shipbuilders, Hanwha Ocean of South Korea, is joining forces with New York-based Amogy to fast-track the implementation of

April 24, 2024
Total Views: 558

Monday, April 1, 2024
Shipping

Austal Rejects Takeover Proposal from Hanwha Ocean

By Scott Murdoch and Shivangi Lahiri April 2 (Reuters) – Australian shipbuilder Austal said on Tuesday it had rejected an A$1.02 billion ($661.9

April 1, 2024
Total Views: 4327

Wednesday, February 28, 2024
Secretary of the Navy Carlos Del Toro visits Hanwha Ocean shipyard in Geoje, Republic of Korea, Feb. 27, 2024. U.S. Navy Photo
Defense

Navy Secretary Del Toro Pursuing Korean Investment to Help Revitalize American Shipbuilding

U.S. Secretary of the Navy Carlos Del Toro met with top shipbuilding executives in Korea this week, visiting two of the world’s largest and most

February 28, 2024
Total Views: 4905

Monday, February 26, 2024
Shipping

US Sanctions Block LNG Carriers for Russian Arctic Project 

A new round of U.S. sanctions is targeting shipowning entities of LNG carriers under construction at South Korean shipyard Hanwha Ocean. The ice-class Arc7

February 26, 2024
Total Views: 6070

Friday, February 9, 2024
Shipping

Hanwha Ocean Gas Carrier for Russia’s Arctic LNG 2 Transferred to UAE Entity, Records Show

Russian natural gas company Novatek takes a key step toward beginning shipments from its Arctic LNG 2 project.  Ship registry records suggest that

February 9, 2024
Total Views: 4237

Tuesday, November 14, 2023
Shipbuilding

Hanwha Ocean Bags Order for World’s Largest Ammonia Carriers

South Korean shipbuilder Hanwha Ocean has secured a $498 million order for four very large ammonia carriers (VLAC) from Greece-based LPG shipping company

November 14, 2023
Total Views: 2510

Tuesday, October 10, 2023
marad training ship philly shipyard
Shipbuilding

Philly Shipyard Tight-Lipped on Reports of Acquisition Talks with Hanwha Ocean

U.S. shipyard Philly Shipyard is reportedly in talks with South Korean shipbuilder Hanwha Ocean about a potential acquisition.  Philly Shipyard issued a

October 10, 2023
Total Views: 6765

Friday, October 6, 2023
Shipbuilding

Hanwha Ocean Receives Class Approval for Eco-Friendly Vessel Technology

South Korean shipbuilder Hanwha Ocean has obtained certifications from classification societies Norway’s DNV and the American Bureau of Shipping (ABS),

October 6, 2023
Total Views: 1324

Wednesday, May 24, 2023
daewoo shipbuilding
Shipbuilding

Daewoo Shipbuilding & Marine Engineering Becomes Hanwha Ocean

South Korean conglomerate Hanwha has finalized its acquisition of Daewoo Shipbuilding & Marine Engineering (DSME), one of Korea’s “Big

May 24, 2023
Total Views: 2178