Hanwha Ocean Shares Plunge 23% on Losing Key Canadian Submarine Deal
() -- Shares of Hanwha Ocean (KRX:042660) plunged 23% at market close on Tuesday after the shipbuilder lost a key Canadian submarine bid to Germany's ThyssenKrupp Marine Systems (TKMS) to supply up to 12 submarines for the Royal Canadian Navy, Nikkei Asia reported the same day. If Hanwha Ocean had won the deal, the pro