Hanwha Ocean Co., Ltd.

A042660

KR7042660001

Shipbuilding

End-of-day quote Korea S.E. Other stock markets 2026-03-13			5-day change	1st Jan Change
136,900.00 ^KRW	+0.15%		+8.05%	+20.51%

Mar. 13	Canada remains non-committal on submarine deal as Berlin and Oslo ramp up pressure	RE
Mar. 11	UBS Upgrades Hanwha Ocean to Buy from Neutral, Price Target is KRW155,000	MT

South Korea's Hanwha Ocean proposed delivery of four submarines to Canada by 2035

Published on 02/04/2026 at 01:12 am EST - Modified on 02/04/2026 at 01:16 am EST

Reuters

HANWHA OCEAN CO., LTD.

+0.15%

TKMS AG & CO KGAA

+1.12%

South Korea's Hanwha Ocean proposed delivery of four submarines to Canada by 2035

SEOUL, Feb 4 (Reuters) - South Korean shipbuilder Hanwha Ocean said on Wednesday that it proposed the delivery of four submarines to Canada by 2035.

Hanwha is one of two finalists - alongside warship builder TKMS - in a tender to supply Canada with a new fleet of submarines, estimated by industry sources to be worth more than $12 billion.

Hanwha said in an earnings call on Wednesday that fast delivery is one of the factors Canada considered important.

(Reporting by Joyce Lee and Heejin KimEditing by Ed Davies)

Stocks mentioned in the article

	Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
	HANWHA OCEAN CO., LTD.	136,900.00KRW	+0.15%	+8.05%	27.97B
	TKMS AG & CO KGAA	90.20EUR	+1.12%	-3.11%	6.56B

Latest news about Hanwha Ocean Co., Ltd.

Mar. 13	Canada remains non-committal on submarine deal as Berlin and Oslo ramp up pressure	RE
Mar. 11	UBS Upgrades Hanwha Ocean to Buy from Neutral, Price Target is KRW155,000	MT
Mar. 11	Hanwha Ocean Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2025	CI
Mar. 11	Hanwha Ocean Shares Rise on Upbeat Expectations	DJ
Mar. 10	Germany's TKMS submits non-binding offer for Canada submarine tender	RE
Mar. 06	DHT Adds Second Very Large Crude Carrier to Tanker Fleet	MT
Mar. 06	Dht Holdings, Inc. Announces Delivery of Second Vlcc Newbuilding	CI
Mar. 06	Hanwha Systems to divest 1.7 trln won worth of shares in affiliate Hanwha Ocean	RE
Mar. 04	Hanwha Ocean Co., Ltd. authorizes a Buyback Plan.	CI
Mar. 04	Hanwha Ocean Co., Ltd. announces an Equity Buyback for 37,721 shares.	CI
Mar. 04	CAE Joins With TKMS to Pursue Canadian Patrol Submarine Project	DJ
Mar. 03	Hanwha Ocean USA Holdings Corp. announced that it has received KRW 501.99999916 billion in funding from Hanwha Ocean Co., Ltd.	CI
Feb. 20	Canada to Press For Auto Plants In Exchange for Defense Contracts	DJ
Feb. 20	HMC Investment Starts Hanwha Ocean at Buy with KRW172,000 Price Target	MT
Feb. 07	Hanwha Ocean Co., Ltd., Q4 2025 Earnings Call, Feb 04, 2026

Hanwha Ocean Co Ltd, formerly Daewoo Shipbuilding & Marine Engineering Co Ltd, is a Korea-based company principally engaged in the shipbuilding and marine industries. The Company operates its business through three segments. The Commercial Ship Business segment is involved in the building of ships including liquefied natural gas carriers (LNGCs), liquefied petroleum gas carriers (LPGCs), tankers and container ships. The Offshore and Special Ship Business segment builds offshore products such as floating production storage and offloading (FPSO), fixed platforms, drilling rigs, and special ships such as submarines, destroyers, rescue ships and security ships. The Other Business segment provides marine freight transportation service, computer integrated advisory and system construction service and others.

Employees

9,460

Sector

Shipbuilding

More about the company