Search results for HD Hyundai Heavy Industries
Industry
Hanwha Ocean misses Canada submarine bid but secures export path and local partnership network
Germany’s Thyssenkrupp Marine Systems has been selected as preferred bidder for Canada’s next submarine procurement project, while the Hanwha Ocean-HD Hyundai Heavy Industries team was named a backup supplier and lost a bid valued at 60 trillion won. Canadian Prime Minister Mark Carney called it a close decision. Hanwha Ocean said it could not overcome NATO considerations, but retained a reserve role and expanded local partnerships in Canada.
Industry
Hanwha Ocean submarines eye Canada as 60 trillion won defence order nears decision
Canada is set to announce on July 7 Korea time a preferred bidder for its Canadian Patrol Submarine Project, a competition involving a South Korean team led by Hanwha Ocean and HD Hyundai Heavy Industries and Germany’s Thyssenkrupp Marine Systems. The programme aims to build up to 12 diesel submarines to replace four Victoria-class boats retiring in the mid-2030s. Total costs could reach 60 trillion won including 30 years of maintenance and operations.
Finance
KOSPI falls more than 2 percent; Kosdaq rises on 30th anniversary
South Korea\'s KOSPI closed down more than 2 percent on weakness in major semiconductor stocks. The index ended at 8,303.41, after opening higher and later turning lower, briefly slipping to the 8,100 level. Individuals were net buyers, while foreigners and institutions sold. Samsung Electronics and SK Hynix fell. The Kosdaq rose 1.44 percent to 929.35 on its 30th anniversary.
-
Finance
KOSPI opens higher on semiconductor strength; Kosdaq edges lower
-
Finance
KOSPI hits record high again as SK Hynix tops market cap
-
Finance
KOSPI closes near 8,860, hits record high close
-
Finance
KOSPI recovers 8,700 level on foreign buying; war-end deal and oil price drop lift index
-
Finance
KOSPI recovers 8,500; foreigners net buyers for second straight session
-
Finance
KOSPI reclaims 8,500 in early trade; buy sidecar triggered for second straight session
-
Finance
KOSPI reclaims 8,100 as foreigners turn net buyers for first time in 24 sessions
-
Fintech
KOSPI surges over 7 percent to reclaim 8,300 level; Kosdaq also back above 1,000
-
Finance
KOSPI ends higher at 7,760 in volatile trade; KOSDAQ surges more than 4 percent
-
Finance
KOSPI reclaims 8,000 after one day on institutional buying, up over 8 percent
-
Finance
KOSPI slumps more than 8 percent at open, breaks below 8,000 on semiconductor shock
-
Finance
Hana Bank opens Philippines Subic representative office to expand Southeast Asia network
-
Finance
KOSPI tumbles more than 5 percent, Kosdaq clings to 1,000 level
-
Finance
KOSPI slides to 8,600 level on foreign selling of 7 trillion won; KOSDAQ rebounds more than 2 percent
-
Finance
KOSPI hits record high after wild swing; Samsung Electronics enters global top 10 by market cap