Hanwha plans to dock submarine off B.C. Coast in move to win lucrative federal contract [BNN Bloomberg (Canada)]
Algoma Steel Group Inc. (ASTL)
Company Research
Source: BNN Bloomberg
The Republic of Korea Navy submarine is currently in dry dock at the Janae Naval Base, undergoing maintenance ahead of the two-month journey. The vessel is expected to surface off the B.C. Coast in late May. The plan was confirmed to CTV News during a tour of South Korea's southern naval base on Monday. CTV News was in the country to report on a visit by Stephen Fuhr, Canada's Secretary of State for Defence Procurement, to Hanwha's shipyard facilities. During the tour, Fuhr walked through two Hanwha-built submarines, including one that rolled off the assembly line last October and is still undergoing testing. The other vessel is already in active service with South Korea's navy. CTV News was also able to follow Fuhr through the yet-to-be-certified KSS-III submarine, though security protocols prohibited the use of cameras or videos inside the vessel. How the KSS-III compares to Canada's subs Unlike Canada's current Victoria-class submarines, the KSS-III is capable of launc
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- TKMS signs agreement with Seaspan on submarine sustainment [BNN Bloomberg (Canada)]BNN Bloomberg
- TKMS signs agreement with Seaspan on submarine sustainment [Yahoo! Finance Canada]Yahoo! Finance Canada
- LIVE UPDATES: ‘Relations are good' with the U.S., Carney says [BNN Bloomberg (Canada)]BNN Bloomberg
- South Korean submarine maker Hanwha signs agreement with Algoma Steel [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
ASTL
Earnings
- 10/29/25 - Miss
ASTL
Sec Filings
- 1/27/26 - Form 6-K
- 1/9/26 - Form 6-K
- 12/2/25 - Form 6-K
- ASTL's page on the SEC website