Category: Shipbuilding

Fact Source: Financial Supervisory Service DART / KOSCOM 💡 3-Second Summary This filing provides notice that the mandatory lock-up period for 104,438,643 common shares of Hanwha Ocean held by Hanwha Group affiliates expires on June 12, 2024, with the lock-up release date set for June 13, 2024. 📊 [Key Disclosure Highlights & Summary] [Other Material…

Read More “[Disclosure] Hanwha Ocean (042660) – Other Information / 2024-06-10” »

Fact Source: Financial Supervisory Service DART / KOSCOM 💡 3-Second Summary This filing discloses an amendment to Hanwha Ocean’s contract with the Defense Acquisition Program Administration (DAPA) for constructing a surface ship (valued at KRW 443.5B), revising the contract end date from June 7, 2024, to “Pending” until remaining tests on the deep-submergence rescue vehicle…

Read More “[Disclosure] Hanwha Ocean (042660) – Sales and Supply Contract (Correction) / 2024-06-07” »

Fact Source: Financial Supervisory Service DART / KOSCOM 💡 3-Second Summary This filing clarifies media reports regarding Hanwha Ocean’s proposed acquisition of Australian shipbuilder and defense contractor Austal, stating that while discussions with Austal’s management and board are ongoing, there are no additional progress updates as of the disclosure date. 📊 [Key Disclosure Highlights &…

Read More “[Disclosure] Hanwha Ocean (042660) – Clarification on Rumors or Media Reports (Unconfirmed) / 2024-05-02” »

Fact Source: Financial Supervisory Service DART / KOSCOM 💡 3-Second Summary This filing discloses Hanwha Ocean’s contract win valued at KRW 264.8B for an offshore product performance improvement project with its affiliate, Tidal Action LLC. 📊 [Key Disclosure Highlights & Summary] 📝 Editor’s Comment (Key Follow-up Checkpoint) 📌 Verification of Project Progress and Intercompany Contract…

Read More “[Disclosure] Hanwha Ocean (042660) – Sales and Supply Contract / 2024-04-30” »

Fact Source: Financial Supervisory Service DART 💡 3-Second Summary Hanwha Ocean updated the effective start date of its KRW 176.4B LPG carrier construction contract with an Americas-based shipowner to May 7, 2024, following a shift in the fulfillment schedule for precedent conditions. 📊 [Key Disclosure Contents & Major Figures Summary] [Contract Details] [Other Key Information]…

Read More “[Disclosure] Hanwha Ocean (042660) – (Correction) Single Sales/Supply Contract / 2024-04-25” »

Fact Source: Financial Supervisory Service DART 💡 3-Second Summary Hanwha Ocean reported provisional Q1 2024 revenue of KRW 2.28T, up 58.6% YoY, and turned profitable with an operating profit of KRW 52.9B compared to both the previous quarter and the same period last year. 📊 [Key Disclosure Contents & Major Figures Summary] [Q1 2024 Financial…

Read More “[Disclosure] Hanwha Ocean (042660) – Consolidated Financial Results (Provisional) / 2024-04-24” »

Fact Source: Financial Supervisory Service DART 💡 3-Second Summary Hanwha Ocean’s 100%-owned subsidiary, Hanwha Ocean USA Holdings Corp., amended its use of raised funds by reducing operating capital to KRW 134.58M and increasing funds allocated for acquiring securities of other corporations to KRW 181.68B. 📊 [Key Disclosure Contents & Major Figures Summary] [Details of Fund…

Read More “[Disclosure] Hanwha Ocean (042660) – (Correction) Decision on Paid-in Capital Increase / 2024-04-19” »

Fact Source: Financial Supervisory Service DART 💡 3-Second Summary Hanwha Ocean’s 100%-owned subsidiary, Hanwha Ocean USA Holdings Corp., decided to participate in a rights issue (cash acquisition) worth approximately KRW 185.7B (USD 135M) for U.S.-based affiliate Hanwha Ocean USA International LLC to secure investment capital. 📊 [Key Disclosure Contents & Major Figures Summary] [Other Key…

Read More “[Disclosure] Hanwha Ocean (042660) – Decision on Acquisition of Shares and Equity Securities of Other Corporation / 2024-04-19” »

Fact Source: Financial Supervisory Service DART 💡 3-Second Summary Hanwha Ocean will host an Investor Relations (IR) session via conference call and webcasting on April 24, 2024, at 3:00 PM KST to announce its Q1 2024 financial results and conduct a Q&A session. 📊 [Key Disclosure Contents & Major Figures Summary] [Other Key Information] 📝…

Read More “[Disclosure] Hanwha Ocean (042660) – Investor Relations (IR) Hosting / 2024-04-18” »

Fact Source: Financial Supervisory Service DART 💡 3-Second Summary Hanwha Ocean announced that it plans to disclose its provisional financial results for Q1 2024 (2024-01-01 ~ 2024-03-31) on April 24, 2024. 📊 [Key Disclosure Contents & Major Figures Summary] [Other Key Information] 📝 Editor’s Comment (Key Follow-up Checkpoint) 📌 Release of Provisional Q1 Earnings Disclosure…

Read More “[Disclosure] Hanwha Ocean (042660) – Notice of Upcoming Earnings Release / 2024-04-18” »