SEOUL -- South Korean shipbuilder Hanwha Ocean is carrying out a 2 trillion won ($1.5 billion) capital increase just months after its acquisition by Hanwha Group, setting the stage for its first big investment drive in a quarter century.
Engineering & Construction
Hanwha Ocean hones in on warships for long-awaited turnaround
Former Daewoo Shipbuilding invests in growth with $1.5bn capital increase
Hanwha Ocean looks to expand its warship business under the umbrella of defense contractor Hanwha. (Photo courtesy of Hanwha Ocean)
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