South Korean shipbuilder Hanwha Ocean has signed new industrial and academic partnerships with Canadian companies and universities linked to the Canadian Patrol Submarine Project (CPSP).
The Government of the Republic of Korea has formally reaffirmed its commitment to industrial cooperation in support of Hanwha Ocean’s bid for Canadian Patrol Submarine Project.
Hanwha Ocean and Babcock have confirmed a joint approach to Canada’s Canadian Patrol Submarine Project that places long-term employment, skills transfer, and industrial participation in Canada at the center of delivery.
South Korea has launched the ROKS Jang Yeong-sil (SS-087), the first KSS-III Batch-II submarine, during a ceremony on 22 October at Hanwha Ocean’s Geoje shipyard.
Babcock Canada and Hanwha Ocean signed a teaming agreement for the Canadian Patrol Submarine Project (CPSP).
According to Hanwha Ocean, a further eight submarines would be delivered at a rate of one per year, enabling Canada to complete a 12-vessel fleet by 2043.
Canada has identified Germany’s Thyssenkrupp Marine Systems (TKMS) and South Korea’s Hanwha Ocean as the leading contenders for a multibillion-dollar submarine contract.
Hanwha Ocean has formally proposed a sovereign financing package to support Poland’s Orka submarine programme, aiming to provide full strategic autonomy over the initiative.
South Korean shipbuilding company Hanwha Ocean has announced a major contract with the DAPA to construct two advanced FFX Batch IV frigates.
A Strategic Cooperation Agreement with Hanwha Ocean, a shipbuilding and offshore company, focuses on enhancing collaboration in the global naval market.
The KSS-III submarine Hanwha Ocean offers to the Polish Navy is among the most heavily armed non-nuclear submarines on the market.
British technology company Babcock has been awarded a contract for additional work on the South Korean Navy’s submarine programme.
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