Hanwha Ocean, Gabler to collaborate for submarine MRO

It signed a tech cooperation agreement with German defense contractor in the field of submarine hoistable masts

Hanwha Ocean, Gabler to collaborate for submarine MRO
Hyung-Kyu Kim 1
2024-01-10 15:13:45 khk@hankyung.com
Aerospace & Defense

South Korea’s Hanwha Ocean Co., the world’s third-largest shipbuilder, announced on Wednesday that it has signed a technical agreement with German defense contractor Gabler Maschinenbau GmbH for cooperation in the maintenance, repair, and overhaul (MRO) business of hoistable masts for submarines.

Hoistable mast refers to equipment such as periscopes, radars, and communication masts installed on the upper structure of submarines.

Gabler established Gabler Korea on Jan. 3 to prepare for collaboration with Hanwha Ocean.

Under the agreement, Hanwha Ocean will maintain the exclusive license for the domestic hoistable mast supplied by Gabler and establish a responsive system for material purchases and technical support through Gabler Korea.

The collaboration also includes sharing inspection and verification procedures for the future hoistable mast MRO business for South Korean Navy submarines and expanding the exchange of technical know-how.

Hanwha Ocean is making efforts to expand its business by establishing an MRO business organization internally, in light of the increasing demand in the global defense market and the growing importance of quality maintenance.

The defense contractors in Germany, the UK, and other countries have generated continuous revenue through MRO business for over 30 years even after exporting submarines.

Write to Hyung-Kyu Kim at khk@hankyung.com
#Hanwha Ocean #Gabler #MRO business #hoistable masts #defense contractors #K-defense

Korea’s Hanwha Ocean quits money-losing container shipbuilding business

Korea’s Hanwha Ocean quits money-losing container shipbuilding business

A gigantic crane at Hanwha Ocean's Geoje shipyard in South Gyeongsang Province South Korea’s Hanwha Ocean Co., the world’s third-largest shipbuilder, has decided to exit the money-losing container shipbuilding business to focus instead on profitable vessels such as liquefied natural

Hanwha Ocean showcases Jangbogo-III submarine in Warsaw

Hanwha Ocean showcases Jangbogo-III submarine in Warsaw

South Korean shipbuilder Hanwha Ocean Co. held the Hanwha Ocean Day event in Warsaw, Poland, on November 29 for local media, to showcase its involvement in the Polish Navy's submarine modernization project, the ORKA Project.The event attracted around 30 major Polish media outlets, all expressi

Hanwha Ocean to develop submarine technology to evade detection

Hanwha Ocean to develop submarine technology to evade detection

South Korea's Hanwha Ocean Co. has consecutively secured contracts for naval technology-related vessel research projects. The company recently announced a contract with the Korea Research Institute for Defense Technology Planning and Advancement (KRIT) for the "Research and Development of Desi

Hanwha Ocean wins $125.5 mn order for VLAC

Hanwha Ocean wins $125.5 mn order for VLAC

Hanwha Ocean's Geoje shipyard South Korea's Hanwha Ocean Co. announced on Monday that it secured an order for one very large ammonia carrier (VLAC) from a shipowner in Oceania for 163 billion won. The vessel is scheduled to be delivered to the shipowner in the second half of 2026.According to H

Hanwha Ocean wins world's largest ammonia carriers order

Hanwha Ocean wins world's largest ammonia carriers order

South Korea's Hanwha Ocean Co. secured 656.2 billion won ($496 million) worth of four very large ammonia carriers (VLAC) order from the Greek shipping company Naftomar, the shipbuilder said on Tuesday.The vessels, which will be constructed at Hanwha Ocean's Geoje shipyard, are scheduled to be

(* comment hide *}