In a landmark agreement that reshapes the geopolitical landscape, ONEX Shipyards & Technologies and the global shipbuilding leader Hanwha Ocean have joined forces to transform Greece into a focal point for the defense shipbuilding industry in the Mediterranean, Southeastern Europe, and the Black Sea. The strategic cooperation agreement was signed in a special ceremony held in Seoul, attended by senior executives from both sides, government representatives, and diplomatic missions, indicating the high-level interest in this partnership.

Following the vision outlined in the historic Washington agreement, ONEX has emerged as the first Greek shipbuilding group with significant international outreach. This partnership positions ONEX at the forefront of the global market for defense vessels, submarines, and next-generation manned and unmanned systems. The collaboration not only enhances ONEX's capabilities but also establishes Greece as a key player in the defense sector, potentially attracting further investments and strategic partnerships.

With this collaboration, ONEX's shipyards are set to become the central shipbuilding arm for Hanwha Ocean, signaling a significant shift in the regional defense landscape. This agreement aligns with geopolitical developments in the region, where the need for enhanced defense capabilities has grown, particularly in response to rising tensions. The implications of this partnership extend beyond economic benefits; they also enhance Greece's strategic importance in European and global defense matters, possibly altering the dynamics of naval power in the Mediterranean.