Category: Shipbuilding

Fact Source: Financial Supervisory Service DART 💡 3-Second Summary This filing discloses that Hanwha Ocean finalized a transaction closing agreement with Hanwha Corporation on November 21, 2024, regarding joint liability obligations, cost settlements, and indemnity terms for wind power projects being acquired from Hanwha Corporation. 📊 [Key Disclosure Highlights & Summary] [Amended Details: Commitment Letter…

Read More “[Disclosure] Hanwha Ocean (042660) – Other Major Management Matters (Voluntary Disclosure) / 2024-11-21” »

Fact Source: Financial Supervisory Service DART 💡 3-Second Summary This filing details Hanwha Ocean’s decision to provide a KRW 180B debt guarantee in the form of a responsible completion commitment for the Ulsan liquid cargo tank terminal expansion project, covering potential damages if construction is not completed by the agreed deadline. 📊 [Key Disclosure Highlights…

Read More “[Disclosure] Hanwha Ocean (042660) – Decision on Guarantees for Debt of Others / 2024-11-21” »

Fact Source: Financial Supervisory Service DART 💡 3-Second Summary This filing discloses Hanwha Ocean’s contract win valued at KRW 333.3B to construct two Very Large Gas Carriers (VLGCs) for an Asian shipowner. 📊 [Key Disclosure Highlights & Summary] 📝 Editor’s Comment (Key Follow-up Checkpoint) 📌 Contract Execution and Construction Revenue Progress This filing represents a…

Read More “[Disclosure] Hanwha Ocean (042660) – Sales and Supply Contract / 2024-11-18” »

Fact Source: Financial Supervisory Service DART 💡 3-Second Summary This filing discloses an amendment to Hanwha Ocean’s shipbuilding contract for four containerships awarded by a European shipowner, extending the contract completion date from November 15, 2024, to February 14, 2025. 📊 [Key Disclosure Highlights & Summary] [Detailed Contract Terms] 📝 Editor’s Comment (Key Follow-up Checkpoint)…

Read More “[Disclosure] Hanwha Ocean (042660) – Sales and Supply Contract (Correction) / 2024-11-15” »

Fact Source: Financial Supervisory Service DART 💡 3-Second Summary This filing discloses Hanwha Ocean’s contract win valued at KRW 713.5B to construct two LNG Carriers (LNGCs) for an Oceanian shipowner. 📊 [Key Disclosure Highlights & Summary] 📝 Editor’s Comment (Key Follow-up Checkpoint) 📌 Contract Execution and Monitoring Further Adjustments This filing represents a new order…

Read More “[Disclosure] Hanwha Ocean (042660) – Sales and Supply Contract / 2024-11-11” »

Fact Source: Financial Supervisory Service DART 💡 3-Second Summary This filing discloses an amendment to Hanwha Ocean’s shipbuilding contract for four Very Large LNG Carriers awarded by an Asian shipowner, extending the contract completion date from October 31, 2024, to March 10, 2025. 📊 [Key Disclosure Highlights & Summary] [Detailed Contract Terms] 📝 Editor’s Comment…

Read More “[Disclosure] Hanwha Ocean (042660) – Sales and Supply Contract (Correction) / 2024-10-31” »

Fact Source: Financial Supervisory Service DART 💡 3-Second Summary Hanwha Ocean reported Q3 2024 consolidated provisional revenue of KRW 2.70T (+41.0% YoY) and an operating profit of KRW 25.6B, turning profitable compared to the previous quarter. 📊 [Key Disclosure Highlights & Summary] [Q3 2024 Quarterly Results & Growth Rates] [Q3 2024 Cumulative Results & Growth…

Read More “[Disclosure] Hanwha Ocean (042660) – Consolidated Provisional Financial Results (Fair Disclosure) / 2024-10-29” »

Fact Source: Financial Supervisory Service DART 💡 3-Second Summary This filing discloses an amendment to Hanwha Ocean’s KRW 443.5B naval vessel construction contract with the Defense Acquisition Program Administration (DAPA), finalizing the previously undetermined completion date to November 1, 2024, following the Ministry of National Defense’s final approval of “Fit for Combat.” 📊 [Key Disclosure…

Read More “[Disclosure] Hanwha Ocean (042660) – Sales and Supply Contract (Correction) / 2024-10-29” »

Fact Source: Financial Supervisory Service DART 💡 3-Second Summary This filing discloses that Hanwha Ocean’s extraordinary general meeting of shareholders approved the original proposal to appoint Hee Cheul Kim as a new Executive Director for a two-year term. 📊 [Key Disclosure Highlights & Summary] [Detailed Information on Director Appointment] 📝 Editor’s Comment (Key Follow-up Checkpoint)…

Read More “[Disclosure] Hanwha Ocean (042660) – Results of Extraordinary General Meeting of Shareholders / 2024-10-18” »

Fact Source: Financial Supervisory Service DART 💡 3-Second Summary This filing discloses Hanwha Ocean’s board resolution appointing Hee Cheul Kim as the new Chief Executive Officer following the resignation of former CEO Hyuk Woong Kwon. 📊 [Key Disclosure Highlights & Summary] [Profile of New CEO & Details] 📝 Editor’s Comment (Key Follow-up Checkpoint) 📌 Leadership…

Read More “[Disclosure] Hanwha Ocean (042660) – Change of Chief Executive Officer / 2024-10-18” »