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Hanwha Ocean secures a 356.8 billion won contract for two VLCC tankers scheduled for 2030 delivery.

Nov 13, 2026

Contract Type

contract

South KoreaEnergy

Description

Hanwha Ocean has announced securing a contract worth 356.8 billion won for two very large crude carriers. The contract allocates construction capacity at their Geoje shipyard, with vessels expected to be delivered in the second half of 2030.

Quick answer

Hanwha Ocean secures a 356.8 billion won contract for two VLCC tankers scheduled for 2030 delivery. (November 13, 2026). Hanwha Ocean is based in South Korea.

What agreement did Hanwha Ocean announce on November 13, 2026?
Hanwha Ocean has announced securing a contract worth 356.8 billion won for two very large crude carriers. The contract allocates construction capacity at their Geoje shipyard, with vessels expected to be delivered in the second half of 2030.
What does Hanwha Ocean do?
Hanwha Ocean, formerly known as Daewoo Shipbuilding & Marine Engineering (DSME), is a major player in the offshore business with a focus on engineering, procurement, construction, installation, and operation (EPCIO)...
Where is Hanwha Ocean based?
Hanwha Ocean is based in South Korea.

Source: Fundz verified event record.

Company Information

Company

Hanwha Ocean

Location

South Korea

About

Hanwha Ocean, formerly known as Daewoo Shipbuilding & Marine Engineering (DSME), is a major player in the offshore business with a focus on engineering, procurement, construction, installation, and operation (EPCIO) solutions.

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