Hanwha Ocean clinches 680 bln-won frigate project from Thai Navy
SEOUL, Sept. 8 (Yonhap) -- Hanwha Ocean Co., a South Korean shipbuilder, has won...
Korean shipbuilder Hanwha Ocean Co. has been chosen as the preferred bidder for a frigate project by the Royal Thai Navy, according to a regulatory filing. The project involves constructing a 4,000-ton-class frigate, along with associated equipment and comprehensive maintenance and logistics support. The total value of the project is set at 16.73 billion baht, or approximately $509 million.
Hanwha Ocean plans to engage in detailed negotiations with the Royal Thai Navy to finalize the contract terms. This selection follows the company's previous success in Thailand, where it was awarded a contract in 2013 to build a 3,600-ton-class frigate for the Royal Thai Navy. That vessel was delivered in 2018.
The latest deal with the Royal Thai Navy could potentially lead to additional orders, as Thailand continues to modernize its naval forces.
Written by urgent.news from The Korea Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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