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

Shares of South Korea's Hanwha Ocean jumped 6% in morning trade on Tuesday after U.S. President Donald Trump said the company ...

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 ...

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

Hanwha Ocean, Hyundai E&C win offshore wind project to build a large power farm in the sea, securing an engineering, procurement, and construction contract. This major move marked the formal entry of ...

Seoul: Hanwha Ocean said on Friday it has secured an order worth 2.59 trillion won ($1.75 billion) to supply seven liquefied ...

The nation’s arms procurement agency’s decision to have the country’s two largest shipbuilders compete for a next-generation ...

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, ...

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 ...

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SEOUL, Dec. 19 (Yonhap) -- Hanwha Ocean Co. said Friday it has secured an order worth 2.59 trillion won (US$1.75 billion) to ...