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Every Vessel Hunter story on Hanwha Ocean: 13 stories, from 14 July 2026 to 9 October 2026. Newest: "Busan manager IOB takes over four Arc4 LNG carriers once built for MOL". Each story links to the ships and ports it names, so a name in the text opens the record behind it.

A shipping port in South Korea seen from a height
Sanctions

Busan manager IOB takes over four Arc4 LNG carriers once built for MOL

Busan-based IOB has started operations with four 174,000 cu m Arc4 LNG carriers built for MOL and plans to add three to six Arc7 ships in 2027.

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A large vessel under construction in a shipyard dry dock
Industry

Hanwha Ocean faces a second billion-dollar claim over Arctic LNG 2 ships

LLC Arctic LNG 2 is seeking about 1.37 trillion won from Hanwha Ocean over three cancelled ice-class LNG carriers, on top of the shipowners' existing claim.

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Cargo ship under way at sea, illustrating wind-assisted propulsion adoption
Product

Anemoi Courts Korean Yards as Rotor Sails Move Onto Container Ships

The British wind propulsion company says several major Korean shipyards have approached it about integrating rotor sails, as it prepares the first planned installation on a container vessel.

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Container ships loading at a major port, illustrating liner fleet renewal
Industry

Yang Ming Signs for Six 13,650 TEU Dual-Fuel Boxships at Hanwha Ocean

Yang Ming has contracted six LNG dual-fuel container ships for delivery between 2028 and 2029, taking its next-generation fleet renewal programme towards 24 ships by 2030.

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Laden crude tanker under way in open water
Vessel sales

Tsakos Releases More Than $100m by Selling Two 2006-Built Suezmaxes

Tsakos Energy Navigation is selling another two ageing suezmaxes, releasing more than $100m into cash reserves as younger tonnage arrives from a 26-vessel newbuilding programme.

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LNG carrier design rendering with membrane containment tanks
Industry

China Took 57.8% of Global LNG Carrier Orders in the First Half of 2026

Chinese builders captured 57.8% of the 90 LNG carrier orders placed worldwide in the first half of 2026, widening a gap that stood at 15 ships to 13 in the same period last year.

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Large vessel under construction in a shipyard dry dock
Industry

South Korea's Big Three Yards Are Running Above Their Rated Capacity

HD KSOE, Samsung Heavy Industries and Hanwha Ocean all ran at or above their nominal capacity in the first half of 2026, and are investing in docks, cranes and automation rather than new land.

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Offshore oil and gas production facility at sea
Industry

Hanwha Ocean Certifies a Low-Carbon FPSO Design Ahead of the Venus Bid

The yard is competing with SBM Offshore for a $3bn FPSO contract on TotalEnergies' Venus development offshore Namibia, where emissions weigh heavily in the evaluation.

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Large vessel under construction in a shipyard dry dock
Industry

HD Hyundai and Hanwha Take Their Shipbuilding Rivalry to US Yards

Hanwha owns Philly Shipyard and has bid up to $1.2bn for Austal's US arm; HD Hyundai has been examining yards in San Diego and along the Texas Gulf Coast.

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Cargo vessel under way in open water
Industry

First Wind-Assisted LNG Carrier Enters Sea Trials With Twin 49m Sails

A 174,000 cu m LNG carrier fitted with two telescopic hard sails has entered sea trials, the first commercial application of wind-assisted propulsion on a gas carrier.

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Large ship at a fitting-out quay near cranes
Industry

South Korea's big three shipbuilders pass $30bn in first-half orders

South Korea's three largest shipbuilders have booked more than $30bn in orders in the first half of the year, pointing to a shipbuilding super-cycle.

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Ships alongside at a South Korean shipyard
Industry

South Korea Signs Destroyer Contract Ending Three-Year Shipbuilder Dispute

South Korea has signed a contract worth about 882 billion won with Hanwha Ocean for the first KDDX destroyer, ending nearly three years of dispute over which shipbuilder would get the work.

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Naval destroyer under construction at a shipyard
Industry

US Navy eyes South Korean yards for warships and tankers

The US Navy has approached major South Korean shipbuilders about building destroyers and fleet tankers, a step that could reverse a century of domestic-only construction.

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Hanwha Ocean: maritime news and analysis, 13 stories | Vessel Hunter