Navy stands by frigate bidding

Navy stands by frigate bidding

The Royal Thai Navy has come under public scrutiny after only one company, South Korea's Hanwha Ocean, was deemed qualified to take on the 17-billion-baht frigate procurement.

Thai Navy picks Hanwha Ocean for 16.73 billion baht frigate

BANGKOK — 18 September 2026, The Royal Thai Navy has selected South Korea’s Hanwha Ocean Co., Ltd. to build a high-performance frigate under a 16.73-billion-baht procurement project, saying the selection process was conducted transparently and in accordance with relevant regulations. At a press conference at the Chao Phraya Room of the Royal Thai Navy Auditorium […]