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    Kanada entscheidet sich beim Bau einer neuen U-Boot-Flotte für TKMS gegenüber Hanhwa Ocean

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    2. WittyPolitico on

      The Canadian PM was heading to the NATO summit. That should have given you the important clue that the Germans had won the bid. It wasn’t likely that he would have attended the NATO meeting and announced that Hanhwa won the bid.

    4. DateMasamusubi on

      Oh well. Hopefully Hanhwa can pick themselves up and continue offering good subs.

    5. robotokenshi on

      Short of Korea offering to build subs in Canadian shipyards (basically something outlandish) this was always going to be Germans to lose, and it was easy to see the ducks line up in their favor, including establishment of European Security Defense Resilience Bank to be headquartered in Canada. I wouldn’t be surprised if it is part of the financing for this deal. It was never really about performance of the subs nor all the extra asks Canada requested. It was ultimately a big circus to leverage South Korea to showcase rollout of ESDRB and new world order in which Canada wanted to show its pivot towards Europe…. My next guess is Korea will be encouraged to join ESDRB to not lose out on future deals in Europe.

      Carney was the top banker of two countries and is living up to the billing, imo he’s been a very disciplined and ruthless negotiator since taking office…

    6. anther2stigma on

      Well…. I’m sorry. The Koreans worked hard to put up a serious bid and personally I was pulling for you! Hopefully, we can come to an agreement on some land based systems. I am very impressed with the speed you are able to deliver equipment at. Korea is definitely a country we should be working with.

    7. hello4020 on

      Big shame. Sign. I thought there would be a new chapter of relationship between two countries but Ottawa just chose the familier Europeans, which is understandable but…

      Then, why did Carney even said they would ‚pivot to Asia‘, if they would give every contract to Europeans? Did they just used us to get more concessions from Germans?

    9. 4LegsGood_2Bad on

      I posted this last week to this sub but the mods removed it, and when asked ignored my request to know why. Hope this can stay up ..

      ————————

      Background, I’m Canadian from BC and lived in Korea for 15 years, married a Korean and love Korea. I hope Korea wins the sub contract.

      But, listening to lots of political programs here, my assessment is it will go to the Norway / German (NG) bid. – Sorry Korea 🙁

      Reasons:

      1. Meets Canada’s needs: Tie. Korea’s is a more open ocean one, NG is more coastal. Canada needs both but can only have one.
      2. Economic impact: Tie. Both Korea and the NG group have offered a lot. As different as they are, both are good. NG has offered us to be a part of the sub development, so maybe a slight benefit NG way.
      3. Delivery timeline and developmental risk: Korea wins. Two years earlier from Korea is not much BUT the NG sub is still in development and could fall much more behind.
      4. Link to NATO and Europe: NG wins big. I think this will be the big deciding factor. Carney wants to be closer to Europe and not only will this help, but we are being invited to be part of the development of it. Canada is also joining the EU defense program so lots of ongoing military contracts we will be part of. Buying the NG one integrates us more into the EU defense sector.

      For my wife and friends in Korea, I hope for Korea but my gut says NG gets it.

    10. intrinsic1618 on

      It was always going to be Germany for all the right and wrong reasons. Carney „considered“ Hanwha as a means to put Germany into competition mode in order to negotiate for better terms.

    11. Charming-Source3577 on

      Good. We were offering so much for Canadians. I get that first export sales is important, but it was too much. And Canadians are recently beefing with US, which is our greatest ally. I get canada is rly great country, but they aren’t high in our key ally list. And when we just officially started our nuclear-sub project, their’s no quota in shipyard to give them for Canadians submarines. Hanhwa should have some shame. You should ditched the project right away when Canadians pm himself declares winners goes to a country who provides best economic benefit and jobs for Canadian, not about the quality of the sub. And even though thise ridiculous mou is now going straight to bin, they already used amount of money for ad, when they should used the budget on nuclear subscription hull and smr.

    12. Spartan117_JC on

      Saw this coming, really. The decision was never about the operational capability or about the timetable of delivery, commissioning, and deployment, either. It was always going to be a highly political decision with economic impacts as a byproduct. If Russia wished Canada harm, they don’t need to deploy subs in the northern Atlantic. Chinese Navy reaching out across the Pacific to Western Canada isn’t a factor, either. They can just buy off BC.

      Canada ran a hard bargain in the bidding war, good on Canada. But on the other hand, the offset trade requirements were going into some insane territory. South Korea could’ve gotten locked in a winner’s curse. Perhaps TKMS winning this bid is better for South Korea in the long run.

    13. separation_of_powers on

      Hanwha Ocean losing two contracts in less than 12 months, ouch.

      How can a supposed shipbuilding power house lose twice?

      Especially with in-service, in-production ships?

      It doesn’t make sense. Either there wasn’t enough cooperation between Seoul and those within the maritime defence-industrial-base or larger concerns played a part, out of South Korea’s circumstances.

      Yet, the land-based defence industrial base is booming right now.

    14. Sea_City1813 on

      At least they didn’t go with the Polish company. I heard that the screen doors on their subs don’t close properly.

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