{
  "id": 6349483,
  "title": "Hanwha Ocean selected preferred bidder for Thai frigate project",
  "url": "https://urgent.news/2026/09/08/hanwha-ocean-selected-preferred-bidder-for-thai-frigate-project",
  "topic": "world",
  "section": "World",
  "published": "2026-09-08T23:52:03.000Z",
  "source": {
    "name": "The Korea Times",
    "slug": "the-korea-times-koreatimes",
    "url": "https://www.koreatimes.co.kr/business/companies/20260909/hanwha-ocean-selected-preferred-bidder-for-thai-frigate-project"
  },
  "original_language": "en",
  "account": "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.\n\nHanwha 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.\n\nThe latest deal with the Royal Thai Navy could potentially lead to additional orders, as Thailand continues to modernize its naval forces.",
  "summary": "Korean shipbuilder Hanwha Ocean Co. said Wednesday it has been selected as the preferred bidder for a frigate project for the Royal Thai Navy. The project calls for the construction of a 4,000-ton-class frigate, along with related equipment and comprehensive maintenance and logistics support. The Royal Thai Navy set the project value at 16.73 billion baht ($509 million) in its bid notice. Hanwha…",
  "key_points": [
    "Korean shipbuilder Hanwha Ocean selected as preferred bidder.",
    "Project involves 4,000-ton-class frigate and related support.",
    "Total value 16.73 billion baht ($509 million)."
  ],
  "editors_take": "Hanwha Ocean's selection as preferred bidder for the Thai frigate project cements its foothold in Thailand and potentially sets it up for future orders as the country upgrades its naval capabilities.",
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "The Korea Times",
        "title": "Hanwha Ocean selected preferred bidder for Thai frigate project",
        "url": "https://urgent.news/2026/09/09/hanwha-ocean-selected-preferred-bidder-for-thai-frigate-project",
        "published": "2026-09-09T00:42:03.000Z"
      }
    ]
  },
  "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."
}