Hanwha Ocean, Hyundai E&C win offshore wind project to build a large power farm in the sea, securing an engineering, procurement, and construction contract. This major move marked the formal entry of Hanwha Ocean into the offshore wind power sector. The company secured a big contract to desi
Hanwha Aerospace Co. reported a third-quarter operating profit of 856.4 billion won (USD 630 million), up 79.5 per cent from a year earlier, marking its highest-ever third-quarter performance, as per a report by Pulse, the English service of Maeil Business News Korea.
China's Transport Ministry has initiated an investigation into how the US Section 301 investigation affects the security and development interests of its shipping and shipbuilding sectors, as well as related industrial and supply chains. South Korea, is China's biggest rival in the shipbuild