The Korea Times9y
Hanwha, STX Engine responsible for bid-rigging
The fine for Hanwha was 417 million won and 427 million won for STX Entine. According to the court, the two companies and LIG Nex1 agreed not to compete in the four auctions by allocating bids in ...
조선일보12d
Korean ship engine manufacturers ramp up production amid booming orders
According to the shipbuilding industry on the 11th, Hanwha Engine has signed ship engine supply contracts worth approximately 845.2 billion won over the past two months this year. This amount is ...
Business Insider1mon
Baker Hughes and Hanwha Announce Partnership to Develop Small-Size Ammonia Turbines
Hanwha Ocean, one of South Korea’s leading ... The two companies target to complete the full engine test with ammonia by the end of 2027, after which the turbine (~16MW power range) will be ...
The Korea Times9y
Hanwha, STX Engine responsible for bid-rigging
The Supreme Court has ruled on Sunday that it was proper for the anti-trust watchdog to fine Hanwha and STX Engine for their price-fixing in a submarine construction project, upholding a lower ...