Hanwha Ocean has signed a Strategic Alliance Agreement (SAA) with ONEX Shipyards & Technologies Group at the U.S. Embassy in Greece to revitalize Greece’s shipbuilding industry and enhance maritime sovereignty. Hanwha Ocean press release The signing ceremony was attended by Sean seongwoo Park, Vice President of Hanwha Ocean’s Naval Ship Business; Panagiotis Xenokostas, President of ... The post Hanwha Ocean Partners to Strengthen Greece’s Shipbuilding Capabilities appeared first on Naval News .
Amidst increasing geopolitical tensions and a global push for defence self-sufficiency, nations like Greece are actively seeking to bolster their strategic industrial capabilities.
This partnership signifies a key development in Greece's defence industrial base, promoting national security and economic growth through technology transfer and shipbuilding expertise.
Greece's shipbuilding industry will undergo a revitalization, enhancing its capacity for defence and commercial vessel construction, reducing future reliance on foreign procurement.
- · Greece's defence industry
- · Hanwha Ocean
- · ONEX Shipyards & Technologies Group
- · Hellenic Navy
Greece gains enhanced domestic shipbuilding capabilities, reducing reliance on external suppliers for naval assets.
The partnership could lead to significant job creation and skill development within Greece's industrial sector.
Greece may emerge as a regional hub for naval maintenance and construction, impacting strategic maritime power balances in the Mediterranean.
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