Hanwha develops energy storage systems for large ocean-going vessels

South Korean company develops new ESS technology for large ocean-going vessels The most recent acquisition by South Korea-based technology and engineering conglomerate Hanwha Group has had a rocky start. Formerly known as Daewoo Shipbuilding and Marine Engineering (DSME), the newly rebranded Hanwha Ocean posted losses of 159.1 billion won (US$120 million) in Q2 2023. However, […]