Korea Joongang Daily
Korea JoongAng Daily

Hanwha Ocean CEO meets Nova Scotia premier amid $40B sub deal bid

Hanwha Ocean will partner with the government of Nova Scotia and Irving Shipbuilding to pursue Canada’s $40 billion submarine program and build a local maintenance and industrial base, the company said Tuesday.

2026-04-14

Top trade officials of Korea, Canada discuss energy, industrial cooperation

The trade chiefs of Korea and Canada held talks on ways to expand their countries' cooperation on energy, supply chains and strategic industries on Tuesday, the Ministry of Trade, Industry and Resources said.

2026-03-31

Korea touts job creation with Canadian sub project bid at bilateral economic cooperation forum

Korea is positioning its bid for Canada's $44 billion submarine program as a long-term industrial engine capable of generating almost half a million jobs across the Canadian economy.

2026-03-31

Korea, Canada talk supply chain disruptions, submarines bid at 'two plus two' talks

Korea and Canada on Wednesday discussed joint efforts to address global supply chain disruptions and other shared issues, including Seoul's bid for a multibillion-dollar Canadian patrol submarine project.

2026-03-25

Air Canada plane collides with Port Authority vehicle on LaGuardia runway

An Air Canada regional jet struck a firetruck on the runway of New York’s LaGuardia Airport late Sunday, crushing the front nose of the plane, according to authorities and photos of the wreckage.

2026-03-23

Ex-envoy to Brazil named Korea's new ambassador to Canada

A former Korean ambassador to Brazil has been appointed as the country's new ambassador to Canada, the Foreign Ministry said Friday.

2026-03-20

German bid for Canadian $40B sub project takes hit as Volkswagen denies offset

The tide in the bidding war for Canada's $40 billion submarine project appeared to take a turn as Volkswagen officially refused to attach itself to Germany's efforts to claim the contract, potentially dealing a blow to the country's proposal.

2026-03-12

Britain, Norway enter Korea-Germany bidding for $40B Canadian submarine project

The high-stakes competition between Korea and Germany for a 60 trillion won submarine contract with the Canadian Navy has become more complicated, with the potential to turn into a split deal rather than the typical winner-takes-all bid.

2026-03-10

LG Energy Solution begins operations of $3.7B battery plant in Canada

LG Energy Solution began operations of a 5 billion Canadian dollar ($3.7 billion) battery facility in Windsor, Ontario, Canada, on Friday.

2026-03-08

Industry minister to visit Canada to back Seoul's bid for high-profile submarine project

Industry Minister Kim Jung-kwan will visit Canada this week to extend support for a Korean consortium's bid to secure Canada's 60 trillion won ($40.5 billion) submarine project, Kim's office said on Wednesday.

2026-03-04