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    Hanwha Ocean shares sink 23% as it loses bid to build Canada's next fleet of submarines

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    Source: CNBC
    Published: 2026-07-07 11:43 UTC+10:00
    Section: General
    Factuality Score: 100
    Opinion Category: Neutral
    Topics: Asia, South Korea, Asia Pacific
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    Snippet:
    Shares of South Korea's Hanwha Ocean plunged about 23% Tuesday, after the company lost its bid to build Canada's next fleet of submarines.
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