Hanwha Ocean Selected as Priority Negotiation Partner for Thailand's Next-Generation Frigate Program

*This content was translated by AI.

Hanwha Ocean has been selected as the priority negotiation partner for the Royal Thai Navy's next-generation frigate acquisition program.

This selection is a procedural step to negotiate specific conditions, including detailed technical specifications and project scope, prior to finalizing the contract.

Hanwha Ocean plans to proceed with detailed negotiations with the Royal Thai Navy, with final contract terms to be determined based on the negotiation outcomes.

The Royal Thai Navy previously announced via public notice that it proposed a budget of 16.73 billion baht (approximately 683.3 billion won for Hanwha) for the construction of one frigate and integrated logistics support services.

Global defense companies from Spain, Singapore, Turkey, and others competed alongside Hanwha Ocean in this project. Hanwha Ocean was selected as the priority negotiation partner based on its successful delivery of the first frigate "HTMS Bhumibol Adulyadej" to the Royal Thai Navy in 2018, along with its accumulated shipbuilding expertise and technical capabilities.

In a phone interview with this newspaper, a Hanwha Ocean official stated, "With this selection as our priority negotiation partner, we aim to strengthen long-term maritime defense cooperation with Thailand while continuously expanding business opportunities in the global surface ship market, including Southeast Asia."

<© STARNEWS. All rights reserved. No reproduction or redistribution allowed.>

*This content was translated by AI.