Hanwha Ocean's Goliath crane at the Okpo Shipyard on Geoje Island Hanwha Ocean Co., the world’s second-largest shipbuilder, said on Tuesday it had made a takeover bid for Austal and negotiated the price and terms of the proposed deal, reportedly worth $662 million, but the Australian defe
Hanwha Aerospace engineers work on satellite engines at its plant in Changwon, South Korea (Courtesy of Hanwha Aerospace) CHANGWON, South Gyeongsang Province – South Korea’s Hanwha Aerospace Co. aims to establish a foothold in the global rocket industry dominated by Elon Musk’
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
EcoPro Co., Hanwha Ocean Co., JYP Entertainment Corp. and Kumyang Co. are the top candidates for inclusion in the MSCI Korea Index when the global stock index provider conducts regular index rebalancing next month, according to a forecast by six South Korean securities companies.All six picked
Korea's first homegrown Nuri rocket blasts off from the launch pad Hanwha Aerospace Co., South Korea’s answer to Elon Musk’s SpaceX, is planning on four additional launches of the country’s first homegrown space rocket, Nuri, by 2027 as part of a 286 billion won ($220 million)
Hanwha Group Chairman Kim Seung-yeon Hanwha, the South Korean chemicals-to-financial conglomerate, has been a key player in the M&A market with a series of conspicuous acquisitions in the past few years in the hydrogen, solar power and aerospace sectors.Recent economic headwinds such as hig