Korea Joongang Daily
Korea JoongAng Daily

Hanwha Ocean reels in 2nd MRO contract with U.S. Navy

Hanwha Ocean, the shipbuilding arm of Hanwha Group, secured a maintenance, repair and overhaul contract with the U.S. Navy for its USNS Yukon oiler.

2024-11-12

Yoon, Trump focus on shipbuilding amid China's warship buildup

Shipbuilding can buoy the Korea-U.S. alliance, experts predict, after the industry was discussed in a phone call between President Yoon Suk Yeol and U.S. President-elect Donald Trump.

2024-11-08

Fishing vessel sinks off Jeju, 2 dead and 12 missing

A fishing vessel with 27 people on board sank in waters off Jeju Island on Friday morning, leaving two dead and 12 missing.

2024-11-08

Big Ocean to perform in Switzerland for AI for Good Global Summit

Big Ocean, the first K-pop group composed of members with hearing impairments, will perform at the International Telecommunication Union’s AI for Good Global Summit, slated for July next year in Geneva, the union announced on Tuesday.

2024-11-06

Big Ocean to release first EP on Nov. 12

Big Ocean, the first K-pop group composed of members with hearing impairments, will release its first EP “Follow” on Nov. 12, its agency Parastar Entertainment said on Thursday.

2024-10-31

Hanwha Ocean swings into red in Q3 on currency effect

Hanwha Ocean, a major shipbuilder in Korea, said Tuesday it swung to the red in the third quarter due to a one-off currency effect.

2024-10-29

Hanwha Group and U.S. Navy discuss future cooperation at Geoje shipyard

Hanwha Group Vice Chairman Kim Dong-kwan met with Admiral Steve Koehler, commander of the U.S. Navy Pacific Fleet, during Koehler’s visit to Hanwha Ocean’s Geoje shipyard in South Gyeongsang on Thursday.

2024-10-25

Offshore Korea 2024 brings 200 energy exhibitors to Busan

Offshore Korea 2024 featured 200 exhibitors in Busan, highlighting innovations in the offshore energy sector with discussions on technology trends.

2024-10-16

Hanwha Ocean secures $413 million shipbuilding deal

Hanwha Ocean has secured a $413 million contract for a specialized LNG carrier, marking a significant addition to its order volume this year, which totals $6.1 billion.

2024-10-02

Hanwha Ocean fails to acquire Australian shipbuilder Austal

Major Korean shipbuilder Hanwha Ocean said Wednesday its talks to acquire Australian shipbuilder Austal had fallen through, following a regulatory concern raised in Australia.

2024-09-25