Ontario Shipyards will still build a new training ship in Hamilton even without the support of Hanwha. The pair entered an agreement earlier this year.

Canadian Prime Minister Mark Carney announced Monday that Germany's Thyssenkrupp Marine Systems would be the preferred supplier for delivering the submarines.

Hanwha Ocean failed to clinch Canada’s largest-ever naval procurement project, but its head-to-head race with Germany’s Thyssenkrupp Marine Systems showed how f

After a highly publicized 10-month battle, South Korean shipbuilder Hanwha Ocean has lost its bid to supply Canada with multibillion-dollar submarines to German

Ontario Shipyards will still build a new training ship in Hamilton even without the support of Hanwha. The pair entered an agreement earlier this year.