Hanwha Shipping, the shipowning arm of South Korean builder Hanwha Ocean, has added another vessel to its growing in-house fleet, placing an order for an additional VLCC.
The Okpo-based yard — formerly known as Daewoo Shipbuilding & Marine Engineering (DSME) — is scheduled to deliver the 300,000 dwt scrubber-fitted supertanker in mid-2027.
Hanwha Shipping was formally launched by Hanwha Ocean in April 2024 to serve as a testbed and validation platform for new ship technologies.
The entity has already made headlines in the newbuilding market. Earlier this year, the company booked a pair of LNG carriers at $253m apiece and also has two more VLCCs under construction with delivery expected in 2026.