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

Daehan Shipbuilding is pushing for a stock market listing amid a boom in the shipbuilding industry. After going through a workout and corporate rehabilitation process during the shipbuilding ...

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 ...

Gianluigi Aponte’s company has bought all but one of the nine-vessel fleet of 8,814-teu Northern J-type vessels from ...

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

The seventh-generation drillship Tidal Action (formerly known as West Libra) has been completed by its owner Hanwha Ocean (formerly Daewoo Shipbuilding & Marine Engineering) and will soon start ...

SEOUL, April 8 (Yonhap) -- South Korean defense giant Hanwha Aerospace Co. said Tuesday it aims to achieve 30 trillion won (US$20.4 billion) in sales this year on strong global demand for its ...