Topic
hanwha
Commodities Hanwha establishes Hanwha Horizon USA to build US LNG trading and logistics arm
Hanwha Aerospace has created Hanwha Horizon USA, a new US company that will serve as the control tower for the conglomerate's global LNG operations, combining procurement, trading and logistics. The venture will initially supply Hanwha Energy's Yeosu power plant in South Korea before expanding LNG sales to utilities across Asia, according to Splash247.
Business Hanwha lodges $1.2bn preliminary offer for Austal USA
Hanwha has lodged a preliminary offer worth up to $1.2bn for Austal USA, one of the most strategically important naval yards in America. The non-binding proposal through Hanwha Defense USA values the Mobile, Alabama-based business at between $1.05bn and $1.2bn, and now faces four weeks of due diligence and likely regulatory scrutiny.
Logistics JP Morgan Tied to Hanwha Ocean's Latest VLCC Newbuilding Order
JP Morgan has been identified as the owner behind Hanwha Ocean’s latest order for two VLCC newbuildings, priced at about $132.5m each. The order is part of a broader programme of 10 VLCCs across South Korean and Chinese yards, with total spending near $1.3bn. Hanwha Ocean has now secured 27 vessels worth $4.61bn in 2026.
Logistics DHT Expands VLCC Fleet with New Hanwha Order
DHT Holdings has placed an order for a new Very Large Crude Carrier (VLCC) with Hanwha Ocean, continuing its fleet renewal strategy. The new vessel will be delivered in August 2028, following the successful delivery of two sister ships earlier this year.