Hanwha Ocean, Canadian firms to collaborate on submarine projects

The company signed teaming agreements with CAE, Curtiss-Wright, Gastops at Canada’s defense exhibition CANSEC

Hanwha Ocean, Canadian firms to collaborate on submarine projects
Jae-Fu Kim 1
2024-05-31 16:21:47 hu@hankyung.com
Shipping & Shipbuilding

South Korea's Hanwha Ocean Co. announced on Friday that it partnered with three Canadian companies at Canada’s largest defense exhibition, CANSEC.

The three companies Hanwha Ocean will collaborate with are CAE Inc., Curtiss-Wright Indal Technologies Corp. and Gastops Ltd.

At the Deep Blue Forum 2023, a Canadian submarine specialist forum held last year, CAE and Hanwha Ocean signed a memorandum of understanding (MOU). To further strengthen their collaboration, they have upgraded their relationship to a teaming agreement this year.

Hanwha Ocean has signed MOUs with Curtiss-Wright for cooperation in the towed sonar operating systems sector and with Gastops for cooperation in the propulsion system control, modeling and simulation sectors.

The company plans to expand cooperation with these three companies in areas such as technology exchange, joint research and development, and market development.

Through these partnerships with local companies, Hanwha Ocean aims to win deals for submarine projects promoted by the Canadian government.

The Canadian government plans to introduce new submarines to replace the four Victoria-class submarines currently owned and operated by the Navy.

Write to Jae-Fu Kim at hu@hankyung.com
#Hanwha Ocean #CAE #Curtiss-Wright #Gastops #CANSEC #Deep Blue Forum

Hanwha Ocean ties up with Polish firm for submarine deal

Hanwha Ocean ties up with Polish firm for submarine deal

Hanwha Ocean showcases a model of the KSS III submarine, which the shipbuilder aims to sell to Poland, at an event in Gdańsk, a port city on the Baltic coast of the country, on May 21, 2024 (Courtesy of Hanwha Ocean) Hanwha Ocean Co., South Korea’s third-largest shipbuilder, has joined ha

Hanwha Aerospace, Hanwha Ocean to develop hydrogen fuel cells

Hanwha Aerospace, Hanwha Ocean to develop hydrogen fuel cells

South Korea's Hanwha Aerospace Co. announced on Friday that it will join Hanwha Ocean Co. in a joint R&D initiative to target the eco-friendly ship market with hydrogen fuel cells.Hanwha Aerospace has been selected as the lead R&D organization for the Development of a 200 kW-Class Fu

Hanwha Ocean to adopt Kyocera founder Inamori’s amoeba management

Hanwha Ocean to adopt Kyocera founder Inamori’s amoeba management

Executives from Hanwha and KCCS post for a photo after a deal to jointly create a new management system for Hanwha South Korea’s Hanwha Ocean Co., the world’s third-largest shipbuilder, said on Friday it has partnered with Japan’s Kyocera Communication Systems Co. (KCCS) to jo

Hanwha Ocean’s Q1 turnaround brightens earnings outlook

Hanwha Ocean’s Q1 turnaround brightens earnings outlook

Hanwha Ocean’s shipyard in Geoje, South Gyeongsang, South Korea (File photo, courtesy of Hanwha Ocean) Hanwha Ocean Co., South Korea’s third-largest shipbuilder, turned to the black in the first quarter powered by increasing sales of higher-end vessels and a weaker won currency, add

Hanwha Ocean develops VR-based special vehicle simulator

Hanwha Ocean develops VR-based special vehicle simulator

South Korea's Hanwha Ocean Co., the world's third-largest shipbuilder, announced on Tuesday that it has developed the world's first virtual reality (VR)--based transporter simulator, applying VR technology to training special vehicle operations.The transporter is a truck-like special vehicle
(* comment hide *}