South Korean naval deals flag Greece’s rising geostrategic importance
Defense
Hanwha, Hyundai ink agreements in Athens as speed, tech transfers attract partners
Hanwha Ocean has signed a deal with ONEX Shipyards & Technologies Group to expand shipbuilding capabilities at the Greek company’s shipyards in Elefsina, near Athens. © Reuters
HAMBURG, Germany — South Korean shipbuilders’ recent deals in Greece show they view the country as a beachhead into Europe for their businesses, moves that are expected to have far-reaching geostrategic and economic implications for the continent, analysts say.
