Hanwha Ocean Co Ltd - Company Profile

Powered by

All the data and insights you need on Hanwha Ocean Co Ltd in one report.

  • Save hours of research time and resources with
    our up-to-date Hanwha Ocean Co Ltd Strategy Report

  • Understand Hanwha Ocean Co Ltd position in the market,
    performance and strategic initiatives.

  • Gain competitive edge and increase your
    chances of success

Back to companies

Get in touch about GlobalData Company reports

Contact the team or request a demo to find out how our data can drive your business forward

Hanwha Ocean Co Ltd (Hanwha Ocean), formerly Daewoo Shipbuilding & Marine Engineering Co Ltd, is a shipbuilding company. It manufactures offshore structures and ships. It manufactures commercial ships and offshore structures for oil and gas exploration and production industries. The company’s commercial ship product portfolio includes oil tankers, liquefied petroleum gas (LPG) carriers, ore carriers, passenger ferries, liquefied natural gas (LNG) carriers, roll-on roll-off carriers, and bulk carriers. Hanwha Ocean’s offshore structures include drill ships, fixed platforms, drilling rigs and floating production storage and offloading (FPSO) vessels. It also builds naval vessels such as rescue ships, submarines, and destroyers. It also constructs specialty vessels and naval Ships. The company has operations in the UK, Norway, Angola, Greece, the US, Indonesia, the UAE, Singapore and Japan, and Brazil. Hanwha Ocean is headquartered in Gyeongsangnam-do, South Korea.

Gain a 360-degree view of Hanwha Ocean Co Ltd and make more informed decisions for your business Gain a 360-degree view of Hanwha Ocean Co Ltd and make more informed decisions for your business Find out more
Headquarters South Korea

Address 3370, Geoje-Daero, 53302


Telephone 82 55 7352114

No of Employees 13,199

Industry Transport and Logistics

Ticker Symbol & Exchange 042660 (KRX)

Revenue (2022) $5.7B 52.4% (2022 vs 2021)

EPS XYZ

Net Income (2022) XYZ 109.2% (2022 vs 2021)

Market Cap* $7.1B

Net Profit Margin (2022) XYZ 106.0% (2022 vs 2021)

* As of and is in US$
Gain access to our premium signals and make informed decisions for your business Gain access to our premium signals and make informed decisions for your business Find out more

Hanwha Ocean Co Ltd premium industry data and analytics

1

ICT Spend & Tech Priorities

IT Client Prospector provides intelligence on Hanwha Ocean Co Ltd’s likely spend across technology areas enabling you to understand the digital strategy.

Products and Services

Products
Commercial ships:
Gas Carrier
Tanker
XYZ
XYZ
XYZ
Understand Hanwha Ocean Co Ltd portfolio and identify potential areas for collaboration Understand Hanwha Ocean Co Ltd portfolio and identify potential areas for collaboration Find out more

History

History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.

Year Event Description
2024 Contracts/Agreements In June, the company and Gastops signed a memorandum of understanding to explore potential collaborative opportunities in the Canadian Patrol Submarine Project and other maritime initiatives.
2024 Acquisitions/Mergers/Takeovers In May, the company and Hanwha Aerospace Co. acquired Keppel Ltd.'s 23.91% stake in Dyna-Mac Holdings.
2024 Contracts/Agreements In May, the company entered into a partnership with ADNOC Logistics and Services plc to construct three Liquified Natural Gas carriers.
Dive into past operations, including product releases, deals, acquisitions & more Dive into past operations, including product releases, deals, acquisitions & more Find out more
Image for loader

Competitor Comparison

Key Parameters Hanwha Ocean Co Ltd HD Korea Shipbuilding & Offshore Engineering Co Ltd Samsung Heavy Industries Co Ltd Austal Ltd Hanjin Heavy Industries & Construction Holdings Co., Ltd
Headquarters South Korea South Korea South Korea Australia South Korea
City Geoje Seongnam Seongnam Perth Namyangju
State/Province - - - Western Australia -
No. of Employees 13,199 27,409 13,974 4,300 8
Entity Type Public Public Public Public Public
Benchmark the company against the market with exclusive information on key competitors Benchmark the company against the market with exclusive information on key competitors Find out more
Chart Financial activity with access to more key stats Chart Financial activity with access to more key stats Find out more
Executives
Name Position Board Since Age
Hyukwoong Kwon Chairman; Chief Executive Officer Executive Board 2023 62
Jae Hyouk Woo General Manager- Shipyard; Director Executive Board 2022 58
Lee Young Ho Director; Head- Management Support Unit Executive Board 2022 56
Kim Jong Seo Head - Marine Division Senior Management 2023 56
Jeong In Seop Director Executive Board 2023 54
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
Non Dignissim Eros Proin vel Convallis 2024 XY
Gain insight into Hanwha Ocean Co Ltd key executives to enhance your sales strategy Gain insight into Hanwha Ocean Co Ltd key executives to enhance your sales strategy Find out more
Still looking?

Have you found what you were looking for? From start-ups to market leaders, uncover what they do and how they do it.

Explorer

Access more premium companies when you subscribe to Explorer