Hanwha Ocean wins Thai Navy frigate contract worth $508 million
South Korea's Hanwha Ocean was selected to build a frigate for Thailand's navy in a 16.73 billion baht deal, including additional costs, Yonhap reported, citing industry sources.
South Korea's Hanwha Ocean has been selected to build a frigate for Thailand's navy in a deal worth 16.73 billion baht ($508.20 million), including additional costs, Yonhap news agency reported on Tuesday, citing industry sources. Hanwha Ocean declined to comment before a relevant regulatory filing.