https://splash247.com/new-korean-engine-brand-unveiled/
Hanwha Ocean, previously known as Daewoo Shipbuilding & Marine Engineering, has announced the establishment of a new subsidiary called Hanwha Engine after successfully acquiring compatriot HSD Engine. This move comes as part of the company's strategic expansion plans.
The newly formed Hanwha Engine will focus on developing various products, including engines powered by ammonia, showcasing Hanwha's commitment to innovation and sustainability in the maritime industry.
In a recent press release, the group emphasized that the addition of Hanwha Engine to its portfolio of affiliates, following the acquisition of Hanwha Ocean last year, strengthens its ability to offer comprehensive shipbuilding solutions. With in-house manufacturing and technological capabilities, Hanwha aims to provide end-to-end solutions to its clients.
This development underscores Hanwha's dedication to advancing shipbuilding technology and contributing to the adoption of eco-friendly propulsion systems in the maritime sector.
