Hanwha Ocean Denies Reports it is Reducing Ops and Ending Boxship Orders
2024-01-09 11:45

Hanwha Ocean Denies Reports it is Reducing Ops and Ending Boxship Orders

"South Korea’s third largest shipbuilder, Hanwha Ocean, was quick to deny reports in the media that the company plans to reduce shipbuilding activities to focus only on higher-value orders. This comes despite reports that the former Daewoo Shipbuilding & Marine Engineering continues to struggle to rebuild profitability and expand its orderbook after the acquisition by Hanwha Group was completed earlier in 2023." See the original story at: The Maritime Executive.

Source: The Maritime Executive