Company

Hanwha Ocean

Listed Hanwha shipbuilding affiliate (042660) holding 18.75% of Hanwha FutureProof.

Known aliases

042660
042660.KS
Daewoo Shipbuilding & Marine Engineering
DSME

Current stories

investOne report1 publisher

Korea's arms agency plans December rules that let two or more firms win one weapons program

South Korea's Defense Acquisition Program Administration plans to enact guidelines in December that let two or more companies win the same weapons program. Analysts tie it to the KDDX destroyer feud between HD Hyundai Heavy and Hanwha Ocean, where a split award would move the contest to follow-on work.

Publishers:en.sedaily.com

Reality

Evidence35
Adoption5
Hype gap+20
Incentives65
Confidence40

investOne report1 publisher

Hanwha Ocean's union chief joins a crane sit-in over an offer that meets 93% of the base-pay demand

Hanwha Ocean union chief Kim Yu-cheol joined a crane sit-in after 26 failed wage rounds, on the day subcontractors' first direct bargaining was due to open. With base pay 10,911 won apart, the bigger cost question is whether performance pay must now reach subcontracted workers.

Publishers:en.sedaily.com

Reality

Evidence55
Adoption: Insufficient
Hype gap+10
Incentives50
Confidence60

investOne report1 publisher

Hanwha Ocean books 2.89 trillion won of ships in September with over three years of work in hand

Hanwha Ocean booked 2.89 trillion won of ship orders in September with more than three years of work already in hand. That backlog makes its claim to be choosing contracts for profit believable, until margins on the new ships say otherwise.

Publishers:en.sedaily.com

Reality

Evidence50
Adoption60
Hype gap+20
Incentives60
Confidence55

investOne report1 publisher

A seven-month stall at Hyundai Mobis shows what Korea's union law does to carve-out timetables

Seoul says restructuring is not a bargaining subject in principle, yet industrial action is lawful where working conditions are hit, so the boundary gets settled after signing. Buyers now pay for that in months.

Publishers:en.sedaily.com

Reality

Evidence38
Adoption44
Hype gap+19
Incentives63
Confidence41

investOne report1 publisher

Hanwha's $299m US injection is larger than the contract that prompted it

Capital is arriving ahead of orders. The equity going into Hanwha Defense USA is roughly 1.5 times the prototype howitzer contract it follows, and about 1.3 times everything invested there before.

Publishers:en.sedaily.com

Reality

Evidence38
Adoption52
Hype gap+28
Incentives68
Confidence44