# Who are Hanwha Ocean's customers? Who does Hanwha Ocean earn revenue from?
Canonical: https://valuechain.wiki/hanwha-ocean · Facet: customers · Updated: 2026-07-12T04:06:47.55+00:00 · Source: ValueChain.wiki (cited money-flow graph)

**Citable summary**: Hanwha Ocean discloses no named confirmed revenue counterparties; 6 relationships are tracked as undisclosed/aggregate. Per the valuechain.wiki graph: 6 revenue edges, backed by 5 dated sources, 2 of them primary filings (as of 2026-07-12).

### 글로벌 선주 (LNG선·VLCC·컨테이너선) (high)
- metric: contract 800,100,000,000원 · VLCC 4척(2026.6 공시) · DART supply-contract filing
- note: Sells directly to shipowners for LNG carriers, VLCCs and boxships. A June 2026 disclosure: 4 VLCCs at KRW 800.1bn (an Asia-region owner, 6.3% of revenue). Delivered the world's 200th LNG carrier in Feb 2025.
- [confirms] FSS DART (KO, filing, published 2026-06-19) https://dart.fss.or.kr/dsaf001/main.do?rcpNo=20260619800742: "Contract '4 VLCCs', KRW 800.1bn, 6.3% of recent revenue, counterparty 'an Asia-region owner'."
- [confirms] FSS DART (KO, filing, published 2026-03-11) https://dart.fss.or.kr/dsaf001/main.do?rcpNo=20260311004557: "Delivered the world's 200th LNG carrier in Feb 2025."

### 글로벌 선주 (LNG선·상선) (high)
- note: LNG carriers anchor the commercial shipbuilding book.
- [mentions] E-Today (KO, news, published 2026-04-19) https://www.etoday.co.kr/news/view/2576978: "Defense and commercial books run in parallel."

### 미 해군 (함정 MRO·NGLS) (high)
- note: Three cumulative US Navy MRO awards (maintenance in Busan/Jinhae with a 15-company cluster), plus the NGLS concept-design win via Hanwha's US defense arm - expanding from MRO toward construction.
- [confirms] Global Economic (KO, news, published 2026-04-28) https://m.g-enews.com/view.php?ud=202604282106365580fbbec65dfb_1: "Hanwha's US arm won the NGLS concept-design contract."
- [confirms] E-Today (KO, news, published 2026-04-19) https://www.etoday.co.kr/news/view/2576978: "Hanwha Ocean holds three US Navy MRO awards, servicing ships in Busan/Jinhae."

### 방위사업청 (특수선·잠수함·구축함) (high)
- note: The naval segment's main customer is Korea's DAPA - launched the KSS-III Batch-II lead boat 'Jang Yeong-sil' (Oct 2025), delivered the 3,000t Dosan Ahn Changho, and cooperated with Indonesia's PT PAL on 1,400t submarines.
- [confirms] FSS DART (KO, filing, published 2026-03-11) https://dart.fss.or.kr/dsaf001/main.do?rcpNo=20260311004557: "Naval segment's main customer is DAPA; launched KSS-III Batch-II lead boat Oct 2025."

### Chevron Australia (해양 FPSO·플랜트) (high)
- note: Chevron Australia Pty Ltd is named as a key offshore-segment customer (annual report) for FPSO and offshore production facilities.
- [confirms] FSS DART (KO, filing, published 2026-03-11) https://dart.fss.or.kr/dsaf001/main.do?rcpNo=20260311004557: "Offshore/naval key customers: DAPA, Chevron Australia Pty Ltd, and others."

### 한화에어로스페이스 (최대주주) (high)  → /hanwha-aerospace.md
- note: A May 2023 third-party allotment shifted control from Korea Development Bank to Hanwha Aerospace and others (the DSME acquisition); at end-2025 the largest holder is Hanwha Aerospace and one other.
- [confirms] FSS DART (KO, filing, published 2026-03-11) https://dart.fss.or.kr/dsaf001/main.do?rcpNo=20260311004557: "May 2023 allotment shifted control from KDB to Hanwha Aerospace; largest holder at end-2025 is Hanwha Aerospace."

### 미 해군 (함정 MRO·필리조선소) (mid)
- note: Multiple US Navy MRO awards (maintenance in Busan/Jinhae) plus the Philly Shipyard acquisition for entry into US naval work.
- [mentions] Naval News (EN, news, published 2026-04-19) https://www.navalnews.com/naval-news/2025/: "Hanwha Ocean wins US Navy MRO and owns Philly Shipyard."

Reverse side: https://valuechain.wiki/hanwha-ocean/suppliers.md · Ripple: https://valuechain.wiki/hanwha-ocean/ripple.md

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Full node: https://valuechain.wiki/hanwha-ocean.md · JSON: https://valuechain.wiki/hanwha-ocean.json