South Korea's state-run Korea Development Bank plans to sell its shares in Hanwha Ocean , Maeil Business Newspaper reported ...

Swiss-based owner Advantage Tankers is adding to its VLCC fleet with a rare big tanker order in South Korea. Chief executive ...

The decision by Kvaerner ASA and Daewoo to sell off their shipbuilding assets is ironic, indeed, considering that the two companies were central figures in the above-mentioned controversy of ...

The shipbuilder, previously Daewoo Shipbuilding (KS:042660) & Engineering whose largest shareholder was KDB, was acquired by Hanwha Group in a takeover deal in 2022. Hanwha Ocean shares have ...

Hanwha, which bought the South Philly yard last year, wants to add waterfront land and may expand into South Jersey.

Hanwha Ocean shares plunged more than 12 percent on Tuesday as investor concerns mounted over the state-run Korea Development Bank’s plan to sell its stake in one of the world’s largest shipbuilders.