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Hanwha Ocean said Thursday it is considering building a new factory to construct two frigates indoors at once, demonstrating confidence about defeating HD Hyundai in a recent bid to receive the order for the construction of the Korean navy s fifth and sixth Ulsan-class Batch-III frigates. ....
President Yoon Suk Yeol will attend this year s summit of the North Atlantic Treaty Organization (NATO) in Lithuania and visit Poland next week, the presidential office announced, . ....
T&T Group will collaborate with South Korea’s Korea Gas Corporation (KOGAS) and SK Group on gas-based power, LNG and hydrogen projects in Vietnam. [Image: T&T Group] ....
President Yoon Suk Yeol s state visit to Vietnam has produced another sharp rally of Korea s defense stocks on hopes for more arms exports, after the leaders of both countries agreed to elevate their partnerships in maritime security and defense. ....
BUSAN ― Hanwha Group Vice Chairman Kim Dong-kwan, the oldest son of Chairman Kim Seung-youn, told reporters on Wednesday that he will focus on making large-scale investments and establishing medium- and long-term strategies for Hanwha Ocean to gain recognition in the global market, as the group s other defense subsidiaries do. ....