Hanwha Ocean shares jump 10% after Trump says South Korean firm to build warships for U.S. Navy

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Dec 23, 2025 - 06:00

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Hanwha Ocean shares jump 10% after Trump says South Korean firm to build warships for U.S. Navy

Trump said that the frigates will be built at the Philadelphia shipyards, which Hanwha had invested $5 billion into.

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