Verified source report
Hanwha Ocean shares sink 23% as it loses bid to build Canada's next fleet of submarines
Canadian Prime Minister Mark Carney announced Monday that Germany's Thyssenkrupp Marine Systems would be the preferred supplier for delivering the submarines.
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Canadian Prime Minister Mark Carney announced Monday that Germany's Thyssenkrupp Marine Systems would be the preferred supplier for delivering the submarines.
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What happened
According to CNBC’s linked source, Hanwha Ocean shares sink 23% as it loses bid to build Canada’s next fleet of submarines, Canadian Prime Minister Mark Carney announced Monday that Germany’s Thyssenkrupp Marine Systems would be the preferred supplier for delivering the submarines.
Context
The development sits in VINI’s Technology coverage for readers following technology, science, product policy, markets, infrastructure, and the public consequences of innovation. The original report is linked so readers can check the publisher account, follow later updates, and compare new coverage against the first published record. The original item is dated 2026-07-07T05:29:18+00:00.
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Source
Primary source: Hanwha Ocean shares sink 23% as it loses bid to build Canada’s next fleet of submarines via CNBC. VINI cites and links the source; it does not reproduce the publisher’s full article text without rights clearance.
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Source links
- Hanwha Ocean shares sink 23% as it loses bid to build Canada's next fleet of submarinesCNBC - 2026-07-07T05:29:18+00:00
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