Trump said that the frigates will be built at the Philadelphia shipyards, which Hanwha had invested $5 billion into.

MW Shinan Ui project advances after years of delays amid government reforms to speed approvals and boost renewables.

Seoul wants to join the undersea naval elite – and has received the blessing of US President Donald Trump to do just that.

US President Donald Trump said Monday that the US Navy plans to build a new class of frigate in cooperation with South ...

Hanwha Ocean's stock rallied after President Trump announced a new battleship building plan for his "Golden Fleet" vision, shining a brighter spotlight on the South Korean ship maker tasked with ...

US President Donald Trump said Monday that South Korea's Hanwha will work with the US Navy for the construction of new ...

When U.S. President Donald Trump unveiled plans to build new frigates for the U.S. Navy and specifically mentioned Korea’s ...

Hanwha Ocean has set the stage for its offshore wind power business. Hanwha Ocean said on the 23rd that it signed an EPC (a turnkey method responsible for the entire process of engineering, ...

South Korea’s DAPA announced that it will select the contractor for the detailed design and construction of the lead ship of ...

Hanwha Group has expressed its intent to build nuclear-powered submarines for the U.S. Navy at its shipyard in Philadelphia, ...

Shares of this South Korean shipbuilder climbed sharply on Tuesday, after President Donald Trump said the company will be ...