[Special Stock] Hanwha Ocean Hits 52-Week High on MASGA Hopes

The stock price of Hanwha Ocean has reached an all-time high. As expectations rise for the U.S. Navy maintenance, repair, and overhaul (MRO) business, there is growing anticipation that this optimism will extend to new shipbuilding projects in the future.

As of 9:29 a.m. on August 7, Hanwha Ocean's stock price was up 4.46% from the previous day, reaching 119,300 won. The company has been setting new record highs continuously since the beginning of this year.

Recently, expectations for the expansion of related businesses have increased after HD Hyundai Heavy Industries succeeded in securing its first order for the U.S. Navy ship MRO project. In South Korea, Hanwha Ocean is considered a leading company in the U.S. Navy MRO sector.

With the MASGA (Make American Shipbuilding Great Again) project and the strengthening of the U.S.-K Shipbuilding alliance, it is expected that these developments will lead to further benefits in the future. There is growing anticipation that the market will expand across the entire ecosystem, including new U.S. military shipbuilding projects and the reconstruction of the U.S. shipbuilding supply chain.

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