- Hanwha Ocean advanced the delivery of a large gas/ammonia carrier by over four months, reflecting improved yard efficiency.
- The production system, which stabilised in late 2024, has enabled the company to accelerate construction timelines.
- Financial performance has strengthened, shifting from a loss in mid-2024 to strong profits through 2025.
- Early completion of 2025 wage negotiations further supports a stable and efficient production base.
Hanwha Ocean has accelerated the delivery of a very large gas/ammonia carrier by more than four months, reflecting stronger operational stability and improved shipyard productivity. The vessel, originally scheduled for completion in September 2026, will now be delivered in May 2026 — a move highlighting the company’s progress in streamlining its production processes, as reported by Lloyd’s List Intelligence.
Hanwha Ocean’s decision to move up delivery schedules marks a key turnaround from earlier production delays. According to the company, its shipyard operations have now stabilised, allowing it to advance construction timelines and boost efficiency. Industry analysts expect similar progress across other projects as the company continues to enhance its production systems. This operational improvement has translated into a sharp financial recovery — from an operating loss in the second quarter of 2024 to substantial profits through 2025. The company attributes this success to streamlined workflows, cost control measures, and strengthened labour relations, which collectively reinforce Hanwha Ocean’s growing competitiveness in the global shipbuilding market.
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Source: Lloyd’s List Intelligence
