Category: Shipbuilding

Fact Source: Financial Supervisory Service DART / KOSCOM 💡 3-Second Summary This filing discloses an amendment to Hanwha Ocean’s business acquisition plan, postponing the acquisition date of the wind power business to October 1, 2024, and executing an indemnity agreement with Hanwha Corporation for potential liquidated damages regarding the plant construction contract up to 10%…

Read More “[Disclosure] Hanwha Ocean (042660) – Other Management Matters (Voluntary Disclosure) (Correction) / 2024-07-01” »

Fact Source: Financial Supervisory Service DART / KOSCOM 💡 3-Second Summary This filing discloses Hanwha Ocean’s publication of its 2023 Sustainability Report, the company’s first sustainability report released since joining Hanwha Group, made available on its official website. 📊 [Key Disclosure Highlights & Summary] [Reporting Standards & Scope] [Report Content & Structure] 📝 Editor’s Comment…

Read More “[Disclosure] Hanwha Ocean (042660) – Matters Related to Sustainability Report (Voluntary Disclosure) / 2024-06-28” »

Fact Source: Financial Supervisory Service DART / KOSCOM 💡 3-Second Summary This filing discloses Hanwha Ocean’s decision to acquire a 40% stake in Philly Shipyard Inc. (PSI), located in Philadelphia, U.S., for approximately KRW 55.2B (USD 40M) through its U.S. subsidiary, Hanwha Ocean USA International LLC. 📊 [Key Disclosure Highlights & Summary] [Detailed Terms of…

Read More “[Disclosure] Hanwha Ocean (042660) – Other Management Matters (Voluntary Disclosure) / 2024-06-21” »

Fact Source: Financial Supervisory Service DART / KOSCOM 💡 3-Second Summary This filing provides notice that the lock-up period for 5,144,087 common shares of Hanwha Ocean held by the Export-Import Bank of Korea expires on June 21, 2024, with the lock-up release date set for June 22, 2024. 📊 [Key Disclosure Highlights & Summary] [Other…

Read More “[Disclosure] Hanwha Ocean (042660) – Other Information / 2024-06-19” »

Fact Source: Financial Supervisory Service DART / KOSCOM 💡 3-Second Summary This filing discloses an amendment to Hanwha Ocean’s contract to construct six ultra-large container vessels for an African shipowner, extending the contract completion date from June 30, 2024, to November 25, 2024. 📊 [Key Disclosure Highlights & Summary] [Detailed Terms of Contract] 📝 Editor’s…

Read More “[Disclosure] Hanwha Ocean (042660) – Sales and Supply Contract (Correction) / 2024-06-18” »

Fact Source: Financial Supervisory Service DART / KOSCOM 💡 3-Second Summary This filing discloses Hanwha Ocean’s decision to execute a third-party paid-in capital increase issuing 69,809 common shares (raising approximately KRW 2.82B) for a debt-for-equity swap with corporate bondholders. 📊 [Key Disclosure Highlights & Summary] [Detailed Terms of Capital Increase] [Other Material Notes] 📝 Editor’s…

Read More “[Disclosure] Hanwha Ocean (042660) – Decision on Paid-in Capital Increase / 2024-06-14” »

Fact Source: Financial Supervisory Service DART / KOSCOM 💡 3-Second Summary This filing discloses that Hanwha Ocean’s U.S. subsidiary, Hanwha Ocean USA International LLC, decided to execute a shareholder-allocated rights offering (without issuing new shares) of approximately KRW 363.3B (USD 265M) to secure operating funds and capital for acquiring securities of another corporation. 📊 [Key…

Read More “[Disclosure] Hanwha Ocean (042660) – Decision on Paid-in Capital Increase / 2024-06-14” »

Fact Source: Financial Supervisory Service DART / KOSCOM 💡 3-Second Summary This filing discloses that Hanwha Ocean’s U.S. subsidiary, Hanwha Ocean USA Holdings Corp., decided to execute a shareholder-allocated rights offering of 2,650 common shares to raise approximately KRW 363.3B (USD 265M) for acquiring securities of another corporation. 📊 [Key Disclosure Highlights & Summary] [Detailed…

Read More “[Disclosure] Hanwha Ocean (042660) – Decision on Paid-in Capital Increase / 2024-06-14” »

Fact Source: Financial Supervisory Service DART / KOSCOM 💡 3-Second Summary This filing discloses Hanwha Ocean’s decision to participate in a rights issue for its wholly owned U.S. subsidiary, Hanwha Ocean USA Holdings Corp., acquiring 2,650 additional shares for approximately KRW 363.3B (USD 265M). 📊 [Key Disclosure Highlights & Summary] [Detailed Terms of Acquisition] [Other…

Read More “[Disclosure] Hanwha Ocean (042660) – Decision on Acquisition of Securities of Other Corporations / 2024-06-14” »

Fact Source: Financial Supervisory Service DART / KOSCOM 💡 3-Second Summary This filing discloses that Hanwha Ocean’s U.S. subsidiary, Hanwha Ocean USA Holdings Corp., decided to participate in a rights issue for its affiliate Hanwha Ocean USA International LLC, committing a capital contribution of approximately KRW 363.3B (USD 250M). 📊 [Key Disclosure Highlights & Summary]…

Read More “[Disclosure] Hanwha Ocean (042660) – Decision on Acquisition of Securities of Other Corporations / 2024-06-14” »