South Korean shipbuilder Hanwha Ocean aims to boost its revenue from overseas military vessels to around 4 trillion won ...

Hanwha Ocean, formerly Daewoo Shipbuilding, is one of the largest shipbuilders in the world with an order book of $31.43 billion as of the end of March. It acquired a U.S. shipyard in Philadelphia ...

South Korea’s Hanwha Ocean is charting an ambitious course to strengthen its presence in the global naval shipbuilding ...

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 ...

SEOUL: South Korea’s Daewoo Shipbuilding & Marine Engineering Co Ltd says it is preparing to file a lawsuit for damages against the contract worker union that prevented production in June and ...

Advantage Tankers is said to have added a VLCC newbuilding to its growing fleet, acquiring a resale vessel from commodities giant Trafigura. The Swiss-based company, which recently struck a deal with ...

Hanwha Ocean establishes warship MRO cluster with 15 regional companies . Find the latest news from the maritime industry on the PortNews website.

Shipbuilding, along with steel, petrochemicals and engineering, became the foundation of Korea’s rapid growth. Donald Trump, second from left, tours Daewoo Shipbuilding & Marine Engineering's ...

The project was initially launched by Russia’s United Shipbuilding Corporation (USC) and South Korea’s Daewoo Shipbuilding & Marine Engineering Co. Ltd. (DSME).