Hanwha Acquires DSME, Rebrands as Hanwha Ocean

| Reuters
Hanwha Ocean DSME acquisition shipbuilding Hanwha Group

Hanwha Group completed its acquisition of Daewoo Shipbuilding & Marine Engineering (DSME), rebranding the company as Hanwha Ocean. The move strengthens Hanwha's position in both commercial shipbuilding and naval defense.