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Hanwha Ocean nears Brazil yard deal

Hanwha Ocean is moving to establish a new shipyard in Niterói, Brazil, aiming to bolster its offshore presence and position for upcoming Petrobras projects.

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Seoul/Rio de Janeiro — Aug 12, 2025. Hanwha Ocean is advancing plans to set up a shipyard in Niterói to support Brazil offshore bids, following disclosure at a FIRJAN supplier-networking event.
The deal is in late negotiations, with site works, hiring and partner agreements targeted within 30–45 days. The company has participated in Petrobras’s 2024 P-86 FPSO tender, previously won P-79 with Saipem in 2021, and acquired Dyna-Mac in Nov 2024 (rebranded Hanwha Offshore Singapore in early 2025). Brazil in May 2025 approved R$22bn for 26 shipyard/port projects.

Editorial Note:
This article was prepared with the assistance of AI tools to enhance clarity and efficiency.
All information has been reviewed and verified by the HMT News editor.
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