
Hanwha Ocean Signs Canada FLNG MOU Ahead of Submarine Bid Decision
Hanwha Ocean has signed an MOU with Kanata for a Canada FLNG export project near Prince Rupert as the CPSP submarine bid decision approaches.

Hanwha Ocean has signed an MOU with Kanata for a Canada FLNG export project near Prince Rupert as the CPSP submarine bid decision approaches.

Hanwha Ocean is strengthening partnerships with Canadian companies to improve its position in the CPSP bid, where local industrial contribution is a key evaluation item.

Canada’s defence procurement secretary toured Hanwha Ocean’s Geoje yard, reviewing the KSS-III submarine proposed for CPSP and related Canadian industrial partnerships.

Hanwha Ocean to provide Algoma with up to USD $250 million (approx. CAD $345 million) to support Algoma’s diversification strategy and strengthen domestic supply chains for Canadian defense procurement

Hanwha Ocean and Fermeuse Energy sign an MOU to advance a Canada LNG development, aligning engineering, financing, shipbuilding, and logistics with CPSP-linked industrial participation.

Canada’s Prime Minister Mark Carney and Defence Minister toured Hanwha Ocean’s Geoje shipyard to inspect the KSS-III Batch-II submarine, a CPSP candidate.
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