Category: Shipbuilding

Fact Source: Financial Supervisory Service DART 💡 3-Second Summary Hanwha Ocean signed a contract with an Americas-based shipowner for the construction of 1 LPG carrier valued at KRW 176.4B (2.4% of recent annual revenue). 📊 [Key Disclosure Contents & Major Figures Summary] [Other Key Information] 📝 Editor’s Comment (Key Follow-up Checkpoint) 📌 Completion of Precedent…

Read More “[Disclosure] Hanwha Ocean (042660) – Single Sales/Supply Contract / 2024-04-17” »

Fact Source: Financial Supervisory Service DART 💡 3-Second Summary Hanwha Ocean’s U.S. subsidiary has decided to establish a shipping company named ‘Hanwha Shipping LLC’ to serve as a platform for verifying eco-friendly and digital vessel technologies. 📊 [Key Disclosure Contents & Major Figures Summary] [Other Key Information] 📝 Editor’s Comment (Key Follow-up Checkpoint) 📌 Finalization…

Read More “[Disclosure] Hanwha Ocean (042660) – Other Major Management Matters / 2024-04-12” »

Fact Source: Financial Supervisory Service DART 💡 3-Second Summary Hanwha Ocean decided to acquire the wind power (KRW 188.1B) and plant (KRW 214.4B) business units from Hanwha Corporation for a total of KRW 402.5B to enhance business competitiveness. 📊 [Key Disclosure Contents & Major Figures Summary] [Details of Business Acquisition] [Other Key Information] 📝 Editor’s…

Read More “[Disclosure] Hanwha Ocean (042660) – Other Major Management Matters / 2024-04-03” »

Fact Source: Financial Supervisory Service DART 💡 3-Second Summary Hanwha Ocean signed a contract with an Asia-based shipowner to construct 4 LNG carriers valued at KRW 1.24T (16.7% of recent annual revenue). 📊 [Key Disclosure Contents & Major Figures Summary] [Other Key Information] 📝 Editor’s Comment (Key Follow-up Checkpoint) 📌 Execution of Major Shipbuilding Contract…

Read More “[Disclosure] Hanwha Ocean (042660) – Single Sales/Supply Contract / 2024-04-02” »

Fact Source: Financial Supervisory Service DART 💡 3-Second Summary The High Court of England dismissed an appeal filed by the shipowner (West Aquila Inc.) challenging an arbitration ruling related to the cancellation of a drillship resale contract, upholding the favorable outcome for Hanwha Ocean. 📊 [Key Disclosure Contents & Major Figures Summary] [Other Key Information]…

Read More “[Disclosure] Hanwha Ocean (042660) – Decision on Lawsuit Judgment/Decision (Claims Above Specified Threshold) / 2024-04-02” »

Fact Source: Financial Supervisory Service DART 💡 3-Second Summary The High Court of England dismissed an appeal filed by the shipowner (West Libra Inc.) challenging an arbitration ruling related to the cancellation of a drillship resale contract, upholding the favorable outcome for Hanwha Ocean. 📊 [Key Disclosure Contents & Major Figures Summary] [Other Key Information]…

Read More “[Disclosure] Hanwha Ocean (042660) – Decision on Lawsuit Judgment/Decision (Claims Above Specified Threshold) / 2024-04-02” »

Fact Source: Financial Supervisory Service DART 💡 3-Second Summary Hanwha Ocean clarified reports regarding its acquisition offer for Australian defense/shipbuilding company Austal, stating that despite agreeing on an on-site due diligence, Austal abruptly canceled it, leaving further negotiations currently stalled. 📊 [Key Disclosure Contents & Major Figures Summary] [Clarification Details] 📝 Editor’s Comment (Key Follow-up…

Read More “[Disclosure] Hanwha Ocean (042660) – Clarification on Rumors or Reports (Unconfirmed) / 2024-04-02” »

Fact Source: Financial Supervisory Service DART 💡 3-Second Summary Hanwha Ocean’s 100%-owned U.S. subsidiary, Hanwha Ocean USA Holdings Corp., decided on a rights issue worth KRW 181.8B to secure operating capital (approx. KRW 4.3B) and funds to acquire securities of other corporations (approx. KRW 177.5B). 📊 [Key Disclosure Contents & Major Figures Summary] [Other Key…

Read More “[Disclosure] Hanwha Ocean (042660) – Decision on Paid-in Capital Increase / 2024-03-28” »

Fact Source: Financial Supervisory Service DART 💡 3-Second Summary Hanwha Ocean decided to participate in a rights issue (cash acquisition) worth approximately KRW 181.8B (USD 135.1M) for its 100%-owned U.S. subsidiary, Hanwha Ocean USA Holdings Corp., to provide operating capital and investment funds. 📊 [Key Disclosure Contents & Major Figures Summary] [Other Key Information] 📝…

Read More “[Disclosure] Hanwha Ocean (042660) – Decision on Acquisition of Shares and Equity Securities of Other Corporation / 2024-03-28” »

Fact Source: Financial Supervisory Service DART 💡 3-Second Summary Hanwha Ocean signed a contract with an Oceania-based shipowner to construct 8 LNG carriers valued at KRW 2.44T (50.2% of recent annual revenue). 📊 [Key Disclosure Contents & Major Figures Summary] [Other Key Information] 📝 Editor’s Comment (Key Follow-up Checkpoint) 📌 Execution of Major Shipbuilding Contract…

Read More “[Disclosure] Hanwha Ocean (042660) – Single Sales/Supply Contract / 2024-03-25” »