On January 22, 2026, Hanwha Ocean was extremely pleased to host Victor Fedeli, Ontario’s Minister of Economic Development, Job Creation and Trade. During his visit, Minister Fedeli toured one of the largest and most advanced shipbuilding facilities in the world, including the active production line for the KSS-III submarine. The Minister also boarded and toured the KSS-III that was launched for the Republic of Korea Navy in October 2025 – the exact same submarine that Hanwha is proposing for the Canadian Patrol Submarine Project (CPSP).
In discussions with Minister Fedeli, Hanwha Ocean emphasized its commitment to establishing partnerships with the Government of Ontario and Ontario industry in range of sectors, including shipbuilding, defense, space, aerospace, sustainable energy, critical minerals, advanced manufacturing, leading-edge technology and other areas that will create jobs and economic growth in Ontario and enhance cooperation, partnership and supply chains between Ontario and South Korea. Already, Hanwha has MOUs in place with several Ontario-based companies with more to be announced in the coming weeks.
Minister Fedeli discussed with Hanwha executives opportunities for investment and partnership across Ontario. The visit provided Minister Fedeli an opportunity to assess South Korea’s industrial capabilities and explore potential collaboration that could support job creation and economic growth in Ontario.
