Hanwha Ocean signed a contract worth 839.1 billion won ($578.60 million) with the state-run Defense Acquisition Program Administration to construct the first two Ulsan-class Batch-IV frigates on ...

Corvettes, Po Hang Class are also being decommissioned The South Korean navy has started the documentation for the transfer of a decommissioned Ulsan Class frigate to the Argentine navy.

South Korean shipbuilder Hanwha Ocean announced Thursday that it is ramping up its capabilities to participate in Korea's ...

Hyundai Heavy Industries (HHI) – the world’s largest shipbuilder based in Ulsan, South Korea ... on time from the Ulsan class Cheonan and Chuncheon frigates, to today’s Shin Chae-ho.” ...