Seoul, South Korea – Kim Seung-yeon, chairman of Hanwha Group, visited the company’s shipbuilding subsidiary, Hanwha Ocean’s R&D campus in Siheung, on Tuesday. This was Kim’s first visit to the facility since Hanwha Ocean was officially launched last year.   

During his visit, Kim emphasized the importance of securing a technological edge to dominate the global market. He called for advancements in green ship technology and defense industry innovations to establish Hanwha Ocean as a sustainable global leader in the shipbuilding sector.

The visit comes at a time when the U.S. has expressed interest in collaborating with South Korean shipbuilders. U.S. Navy officials recently visited the Siheung R&D campus, highlighting the growing strategic partnership between the two countries in the defense industry.   

Kim toured the state-of-the-art facilities at the R&D campus, including the world's largest commercial common tank and towing tank. He also signed a model of a 2,000-ton submarine, expressing his aspirations for the company to become a global leader in submarine exports.

“I hope you will approach your research with a deep sense of mission to contribute to the national interest and prestige of South Korea,” Kim said to the employees. “I have no doubt that the shipbuilding sector will be at the forefront of Hanwha's bright future.”

Hanwha Ocean has recently secured several contracts for the maintenance and repair of U.S. Navy vessels. The company acquired Philadelphia Ship Repair in the United States in June, further strengthening its presence in the global shipbuilding market.   

The company is focusing on developing eco-friendly ships, such as those powered by alternative fuels, to meet the growing demand for sustainable shipping solutions. Additionally, Hanwha Ocean is actively pursuing opportunities in the defense industry, with a particular focus on submarines.   

With its advanced research facilities and growing global presence, Hanwha Ocean is poised to play a leading role in shaping the future of the shipbuilding industry.

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