Hanwha Ocean decided not to disclose its annual target for shipbuilding orders this year, after the company managed to achieve 57 percent of its goal of winning $7 billion worth of orders last year, according to industry officials, Thursday.
 Hanwha Ocean has reportedly entered into a deal to build blocks for Samsung Heavy Industries in a unique cooperation that for the first time sees two.
Samsung Heavy Industries and Hanwha Ocean have failed to meet their annual targets for shipbuilding orders this year as of Thursday, despite favorable market conditions, according to industry officials.