Historic ₩60 Trillion Single Export: Why Hanwha Ocean Played the 'Shipbuilding Revival' Card in Canada's Submarine Competition

In February 2026, Hanwha Ocean faces a final showdown with Germany's TKMS for Canada's next-generation submarine project (CPSP) worth up to ₩60 trillion. Beyond simple vessel export, they're betting on local shipyard technology transfer and workforce development ecosystem.