SEOUL, Jan. 22 (Yonhap) -- Hanwha Ocean Co., a leading South Korean shipbuilder, said Wednesday it plans to establish an engineering center in the South Korean southeastern port city of Busan to ...

Hanwha Ocean shares surged to lead a rally in South Korean shipbuilding stocks after President-elect Donald Trump said he may turn to allies to help the U.S. Navy build up its fleet. South Korea ...

The forecasts for operating profit this year for Samsung Heavy Industries and Hanwha Ocean are 779.5 billion won and 577.8 billion won, respectively. The domestic shipbuilding industry's ...

which are less related to shipbuilding, are also rising. As of 2:20 p.m. on the 13th, Hanwha Ocean is trading at 77,000 won, up 5.62% from the previous day. Hanwha also jumped 12.20% during the ...

Hanwha Aerospace will hold a 42 percent stake in Hanwha Ocean and solidifies its position as the biggest shareholder of the shipbuilding company. Hanwha Ocean has been gaining momentum due to ...

Hanwha Power Systems and Hanwha Ocean have signed a joint development and collaboration agreement with Baker Hughes to design and produce low carbon ammonia gas turbines, to contribute towards ...

Hanwha Ocean said nothing has been decided in regard to the deal. Hanwha Ocean is a shipbuilding affiliate of South Korea's chemicals-to-aerospace conglomerate Hanwha Group. Last month ...

Hanwha Group has become more specific about how to hand over Chairman Kim Seung-youn's control of the group's affiliates to his three sons. With the announcements this week of its plans for ...