{
  "id": 16692017,
  "title": "Hanwha Ocean steps up push into global warship market",
  "url": "https://urgent.news/2026/10/27/hanwha-ocean-steps-up-push-into-global-warship-market",
  "topic": "business",
  "section": "Business",
  "published": "2026-10-27T02:17:02.000Z",
  "source": {
    "name": "The Korea Times",
    "slug": "the-korea-times",
    "url": "https://www.koreatimes.co.kr/business/companies/20261027/hanwha-ocean-steps-up-push-into-global-warship-market"
  },
  "original_language": "en",
  "account": "Hanwha Ocean is intensifying its efforts to expand its warship business in international markets, focusing on key regions such as Europe, Southeast Asia, and Latin America. The company aims to enhance its standing in the global naval defense sector by utilizing its expertise in submarine design and construction, surface warship capabilities, and extensive production capabilities. Hanwha Ocean stands as the sole Korean enterprise to have taken part in every Korean Destroyer eXperimental (KDX) program and all multi-phase Jangbogo submarine development projects. The KDX initiative is a program by the Republic of Korea Navy aimed at modernizing its destroyer fleet.\n\nThe overseas naval division of the company builds upon its past export successes and a growing roster of potential contracts. Previously known as Daewoo Shipbuilding & Marine Engineering, Hanwha Ocean gained overseas submarine project experience through programs in Indonesia. The company has also delivered frigates to Bangladesh and Thailand, as well as naval support vessels to Britain and Norway. Recently, it has been further solidifying its position in the global naval defense industry.",
  "summary": "Hanwha Ocean is bolstering its push for its warship business overseas, targeting strategic markets across Europe, Southeast Asia and Latin America as it moves to strengthen its position in the global naval defense industry. The shipbuilder is leveraging its submarine design and construction expertise, surface warship experience and large-scale production capacity to pursue new export…",
  "key_points": [
    "Hanwha Ocean intensifies global warship market push",
    "Focus on Europe, Southeast Asia, Latin America",
    "Korean firm involved in KDX, Jangbogo programs"
  ],
  "editors_take": "Leveraging its history with South Korean naval programs, the company is transforming its domestic shipbuilding expertise into a competitive platform for capturing naval defense contracts across several international continents.",
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}