
Hanwha Ocean Wins $508 Million Thai Stealth Frigate Program
The South Korean shipbuilder beat five international yards to secure the 16.73 billion baht naval contract, positioning the yard for follow-on Southeast Asian warship orders.
Business•Industry•Policy Intelligence
Yards, order books, naval programs and the defense-industrial partnerships forming across the region. This page covers South Korea.

The South Korean shipbuilder beat five international yards to secure the 16.73 billion baht naval contract, positioning the yard for follow-on Southeast Asian warship orders.

The midsize liquefied gas carrier design complies with ClassNK structural rules and clears regulatory docking requirements for…

The shipbuilder faces an all-out walkout after workers rejected an annual compensation package worth 40 million won, threatening…

The design eliminates costly drydock structural retrofits for 174,000-cubic-meter gas carriers, allowing operators to switch to…

A senior defense official visited the Geoje shipyard on Sept. 16 under a White House rule allowing foreign-built hulls for…

The joint development project applies Avikus autonomous navigation software to a 180,000-cubic-meter vessel to establish safety…

The twin-skeg hull matches Qatar's Q-Max scale while preserving canal transit access, challenging China's monopoly in ultra-large…

A four-party pact signed in Bangkok pairs rigid WindWings sails with a forward-deckhouse hull to cut fuel burn ahead of 2027…

The gas engine-powered marine platform bypasses land-based grid bottlenecks to deliver direct electricity to coastal artificial…

The 174,000-cubic-meter vessel combines wind propulsion with hull air lubrication to reduce fuel use by up to 12% ahead of…

The 185,000-cubic-meter vessel design integrates batteries with dual-fuel power to curb emissions ahead of tightening…

The shipbuilder secured design approvals for wind-assisted hull layouts and three-tank vessels delivering from late 2028 to…

The South Korean shipbuilder secured technical approval from ABS for its modular offshore platform, using seawater cooling and…

The three dual-fuel Panamax gas carriers extend the South Korean yard's commercial backlog through late 2030 as fleet renewal…

The $103.6 million contract expands an eight-vessel building program at the South Korean shipyard, backed by five-year time…

The planned 174,000-cubic-meter vessel would test KC-2 cargo containment systems on deep-sea routes to curb 20 billion won…

The South Korean shipbuilder will construct a 3-gigawatt onshore engine plant and an SMR component line in Ulsan to supply…

The South Korean ocean carrier continues to await four MR tankers ordered in 2024 for $104 million, while directing fresh capital…

The South Korean shipbuilder discussed maintenance operations and follow-on frigate orders in Seoul, using its Subic yard after…

Russia's Arctic LNG 2 filed a 1.37 trillion won claim in Singapore alleging breaches of step-in rights after sanctions cancelled…

The 22.7 billion won contract with Nantong Xiangyu extends engine deliveries to 2029, highlighting Chinese yards' continued…

Chairman Chung Ki-sun joined Belgium's Exmar in Ulsan to christen the Adinkerke and Aalter, cementing commercial track records…

The shipbuilder committed 8.6 billion won on Sept. 3 to triple floor space in Munhyeon and centralize FLNG design near its Geoje…

A South Korean technical delegation assessed waterfront land in Tamil Nadu as domestic dock saturation drives overseas expansion.