Hanwha Ocean, 60surges on expectations of winning a multitrillion-won Canadian submarine contract
Hanwha Ocean has been mentioned as the preferred bidder for Canada's next-generation submarine project, 60fueling expectations of a contract worth trillions of won. On the news, its share price 10jumped more than several percent in early trading.
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Hanwha Ocean has been mentioned as the preferred bidder for Canada's next-generation submarine acquisition project, raising related expectations. According to reports, the project is estimated to be worth up to 60trillions of won.
As a result, in early trading on 6the day, Hanwha Ocean's share price showed 10strength in the several-percent range. Some reports said it rose by as much as 12.
Details of the transaction were also reported. It was 7,400won higher than the previous day's close, with significant intraday movement.
AM 10 hours 35 minutes, according to one source, 6.92% higher. Volatility continued in the early part of the session.
Reports differed on the timing of the final selection. One report said it was scheduled to be announced on 6 local time, while another reported that the decision would be made in the early hours of 7.
Reports said that the final preferred negotiating party would be selected between Hanwha Ocean and Germany’s thyssenkrupp Marine Systems (TKMS). News related to the matter drew concentrated market attention.
Reports related to the matter emerged intensively on 2026 year, 7 month, 6 day. If an official company disclosure is issued, it will need to be checked further.