Hanwha Ocean Shares Sink After Losing Canada Sub Deal to Germany

▶ Bloomberg Jul 7, 2026 1h ago 👁 1 views

📋 Article Summary

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Shares of Hanwha Ocean fell more than 20% on Tuesday morning after Canada picked a German bid to replace its aging submarine fleet over the South Korean shipbuilder’s proposal. Shares of Hanwha Ocean fell more than 20% on Tuesday morning after Canada picked a German bid to replace its aging submarine fleet over the South Korean shipbuilder’s proposal.

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