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Hanwha Ocean

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South Korean Shipbuilding Giants Team Up to Pitch $24B Submarine Deal to Canada

by Olawunmi Sola-Otegbade May 6, 2025

by Olawunmi Sola-Otegbade May 6, 2025

South Korean rivals Hanwha Ocean and Hyundai Heavy Industries have joined forces in an unprecedented $20-billion to $24-billion bid to supply Canada with 12 advanced KSS-III submarines. Submitted as an …

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Hanwha Ocean

South Korean Shipbuilding Giants Team Up to Pitch $24B Submarine Deal to Canada