Domestic shipbuilding rivals Hanwha Ocean and HD Hyundai Heavy Industries have entered the business of maintaining, repairing, and overhauling (MRO) U.S. Navy vessels, but early order results have ...

Hanwha Ocean has decided to withdraw its police complaint against shipbuilding rival HD Hyundai Heavy Industries, which accused HD Hyundai executives of involvement in a military leak scandal, citing ...

Expectations for cooperation with the United States have caused stock prices in the shipbuilding sector to soar, leading to Hanwha Ocean being designated as an investment caution stock following HD ...

HD Hyundai’s looking to the ocean for its next evolution as it offers CES 2023 attendees a peak at a future that includes electric ships and powerful software to analyze global shipping data. The ...

South Korea’s maritime defense industry leaders, Hanwha Ocean and HD Hyundai Heavy Industries, are bracing to face off at the upcoming International Maritime Defense Industry Exhibition, or MADEX 2023 ...

Hanwha Ocean was selected as a preferred bidder to build 830 billion won ($631.6 million) worth of battleships for a state-run military procurement agency. The Defense Acquisition Program ...