South Korea’s shipping sector is set for an overhaul with keystone investor Korea Development Bank (KDB) looking to pare back ...

Local media reported that KDB, the second-largest shareholder in Hanwha Ocean, was planning multiple block deals to offload its 19.5% stake in the shipbuilder. Hanwha Ocean is controlled by defense ...

SEOUL, April 29 (Yonhap) -- Seoul shares extended their winning streak to a third day Tuesday, led by auto and bio gains, ...

Hanwha Ocean shares plunged more than 12 percent on Tuesday as investor concerns mounted over the state-run Korea Development Bank’s plan to sell its stake in one of the world’s largest shipbuilders.

Investors rushed to dump Hanwha Ocean Co. shares early Tuesday after news that its second-largest shareholder, Korea ...

Seoul shares opened lower Tuesday following a mixed close on Wall Street, as investors remained cautious over the future ...

POSCO Holdings Inc. has raised second-quarter prices of thick plates used in vessels amid concerns over tighter supply after ...

South Korea's state-run Korea Development Bank plans to sell its shares in Hanwha Ocean, Maeil Business Newspaper reported on ...

South Korean shipbuilder Hanwha Ocean has logged a more than fourfold increase in its net profit, driven by LNG carriers ...

Hanwha Ocean reports 322.9% Q1 net income growth. Find the latest news from the maritime industry on the PortNews website.

Hanwha Ocean reported robust first-quarter earnings on Monday, driven by strong sales of high-value LNG carriers despite ...