TOPIC
 / company

Hanwha Ocean

Hanwha Ocean
The latest news and top stories on Hanwha Ocean. A leading South Korean company in the maritime sector, Hanwha Ocean, headquartered in Geoje-si, specialises in shipbuilding, offshore plants, and naval vessels. They produce commercial ships like LNG carriers and container ships, offshore facilities including FPSOs, and specialty ships such as submarines and destroyers. Serving a global market, Hanwha Ocean is one of South Korea’s "Big Three" shipbuilders, noted for its advanced technology and market leadership in Very Large Crude Oil Carriers (VLCCs).
Illustration: Huy Truong
India

‘It’s time for us to rise’: India races to rebuild its lost maritime muscle

India is eyeing a future as a leading shipping and shipbuilding nation, backed by big investments – and expertise from South Korea and Japan.

South Korea

Riding on jet success, South Korea chases US$15 billion UAE arms deal

videocam
South Korea

Samsung, Hyundai announce US$310 billion domestic investment plans

United States

Opinion | Devil in the details as US agrees to a South Korean nuclear-powered sub

Will the Australian experience be shared? Will it be a Virginia-class vessel or an indigenous design? And where will funding come from?

videocam
A bottle of champagne is smashed on the hull of South Korea’s first 3,600-ton-class naval submarine during a ceremony held at the Hanwha Ocean dockyard, in Geoje, South Korea, October 22. Photo: Photo: EPA/Yonhap
US-China trade war

China, US suspend rival port fees in latest trade war thaw

Beijing also pauses sanctions on South Korean shipbuilder affiliates, while shipping industry welcomes suspended duties.

South Korea

US’ nuclear submarine nod gives South Korea massive depth of power

The move would not only strengthen deterrence but also reduce the risk of open conflict in Northeast Asia, analysts say.

videocam
11
Advertisement
Advertisement
Advertisement
United States

As I see it | In Trump’s rare earths rant, US soldiers find a weary world policeman

In the face of China’s rare earth export controls, the US is desperate for alternatives to keep its advanced weapons systems modern and mobile.

videocam
8
Japanese Prime Minister Sanae Takaichi gestures as US President Donald Trump delivers a speech during their visit to the aircraft carrier USS George Washington at the US Navy’s base in Yokosuka, Japan, on October 28. Photo: AP
South Korea

Doubts surface over Trump’s South Korea nuclear submarine plan

Construction of the US-built submarines is likely to run into cost and feasibility issues and nuclear proliferation worries, experts say.

videocam
China shipbuilding

Trump approves plan for South Korea nuclear submarine ahead of Xi meeting

US president praised Seoul as ‘serious partner’ in shipbuilding, a sector embroiled in trade tensions, before meeting with Chinese leader.

videocam
18
US-China trade war

To counter China, Trump’s Asia trip seen shoring up shipbuilding with key allies

With China dominating the global shipbuilding industry, and amid a port-fee dispute with Washington, the US president sees new strategic partnerships as critical.

videocam
26
US President Donald Trump has committed to reviving America’s nearly defunct shipbuilding industry, including through strategic partnerships with allies such as South Korea and Japan. Photo: AFP
China-South Korea relations

Chinese sanctions will cost a South Korean shipbuilder but could boost US ties

By targeting Hanwha Ocean’s five US-based affiliates, Beijing may encourage the company to help Washington build capacity, analysts say.

videocam
33
Hanwha Ocean’s office in Seoul. The company is one of South Korea’s largest shipbuilders. Photo: Reuters
US-China trade war

US-China tensions ease as Bessent confirms call with counterpart He Lifeng

Talks resume after threats of 100% tariffs and rare earth curbs, signalling a pause in the trade fight ahead of Trump-Xi meeting.

16
US-China trade war

US-China trade war drags in South Korean shipbuilder

A trade war between the world’s two largest economies is pulling in companies and countries from around the globe.

China-South Korea relations

Philippines looks to acquire South Korean anti-ship ballistic missile

Manila seeks to buy CTM-ASBM, which was unveiled by Hanwha at the Asian Defence and Security exhibition last year.

videocam
51
South Korea’s in-development CTM-ASBM will be paired with Hanwha’s K239 Chunmoo mobile multiple rocket launcher system (pictured). Photo: SOPA Images/LightRocket via Getty Images
US-China trade war

Heated US-China trade war could put fire in Beijing’s belly: scholars

As China’s fourth plenum and new five-year plan approach, analysts say trade conflict with US could sideline other issues and create unity.

29
While presenting many challenges, scholars said China’s trade conflict with the US also provides opportunities for the country and its leaders to unite around a common cause. Photo: Xinhua
US-China trade war

China-US shipping dispute deepens as Beijing sanctions arms of South Korean giant

Hanwha Ocean stands accused of aiding Washington in its curbs on Chinese shipping.

34
South Korea

‘Rare’ act of sacrifice? Samsung heir enrols to be South Korean naval officer

Lee Jee-ho’s enlistment is seen as a move to counter views of privileges enjoyed by some chaebol heirs, including avoiding national service.

videocam
Advertisement
Advertisement
Advertisement
China shipbuilding

Behind Trump’s South Korea deal, a plan to transform global shipbuilding

South Korea has pledged US$150 billion to help the US rebuild its shipbuilding industry – and compete with China.

27
A ship is under construction at the HD Hyundai Heavy Industries Ulsan Shipyard in South Korea. Seoul has pledged US$150 billion to help the United States revive its shipbuilding industry. Photo: Reuters
US-China trade war

South Korea, Japan step up as US targets China’s shipbuilding – can they succeed?

Washington’s curbs on Chinese shipping give Tokyo and Seoul a chance to revive their sectors – but analysts warn challenges remain.

18
Help preserve 120 years of quality journalism.
SUPPORT NOW
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement