Economy
Royal Thai Navy Selects Hanwha Ocean for New Frigate Project
The Royal Thai Navy has awarded a 16.73-billion-baht contract to South Korea’s Hanwha Ocean Co., Ltd. for the construction of a new high-performance frigate.
On September 18, 2026, the Royal Thai Navy officially announced the selection of South Korea’s Hanwha Ocean Co., Ltd. to construct a new high-performance frigate. The procurement project is valued at 16.73 billion baht. During a press conference held at the Royal Thai Navy Auditorium, officials emphasized that the selection process was conducted with transparency and in full compliance with existing procurement regulations.
For residents and travelers in Thailand, this development highlights a significant investment in national defense infrastructure. While the selection has been finalized, the project timeline, including the expected delivery date of the vessel and the specific operational capabilities of the new frigate, remains to be confirmed by the Navy. As this is a major government procurement, it reflects ongoing efforts to modernize the country's maritime assets. Further details regarding the construction schedule and technical specifications are expected to be released as the project progresses. This report is based on information provided by Khaosod English.
