Hanwha Ocean shares sink 23% as it loses bid to build Canada’s next fleet of submarines
YANTAI, CHINA – OCTOBER 27 2025: Ships are seen under construction at Hanwha Ocean Shandong Co. Ltd. in Yantai, Shandong…
Tag: Hanwha
Hanwha to Build Armored Vehicles in Canada if It Wins Submarine Contract
South Korea’s Hanwha Ocean Co. said it will partner with Canadian auto parts firms to build armored vehicles if it…
South Korea defense stocks soar with heavyweight Hanwha Aerospace surging 22%
A Cheongung missile launcher is displayed during the Seoul International Aerospace and Defense Exhibition (ADEX 2025) at Seoul Air Base…
South Korea’s Hanwha Backs US Blockchain Firm Kresus With $13M Investment
Blockchain infrastructure company Kresus secured about $13 million from South Korea’s Hanwha Investment and Securities to expand enterprise digital wallets,…
Kresus secures $13M investment from Hanwha to scale wallet and RWA tokenization tech
Wallet infrastructure firm Kresus Labs has raised approximately 18 billion won ($13 million) in investment from Hanwha Investment & Securities,…
South Korea’s largest defense firm Hanwha Aerospace slumps 6%
A large screen displays images of Combat Unmanned Surface Vessels (USV) at the Hanwha exhibition stand during the Security Equipment…
Hanwha Ocean shares jump 10% after Trump says firm to build warships for U.S. Navy
The logo of South Korean shipbuilder Hanwha Ocean at their office building in Seoul, South Korea, October 15, 2025. Kim…
Hanwha Aerospace Global CSO on China Sanctions, Rare Earths
South Korean defense manufacturer Hanwha Aerospace remains optimistic about opportunities in US shipbuilding and plans to expand the Philadelphia shipyard…
China targets five U.S. subsidiaries of South Korea’s Hanwha Ocean, sending shares down 8%
A hull section that will be sent to the final assembly base is loaded onto a semi-submersible vessel at Hanwha…
Hanwha Ocean shares surge over 16% after U.S.-Korea trade deal
Adie Bush | Connect Images | Getty Images Shares of Hanwha Ocean surged as much as 16.06% on Thursday to…