South Korea asked for tariff relief and policy backing for Hanwha’s Philly Shipyard as Seoul and Pennsylvania discussed permits, infrastructure, labor support, and wider shipbuilding growth.
A U.S. Commerce delegation reviewed HJ Shipbuilding’s facilities in Busan, assessing naval MRO capabilities and exploring merchant shipbuilding cooperation under the expanding MASGA framework.
U.S. naval operations chief Adm. Daryl Caudle met with HD Hyundai and Hanwha Ocean executives during visits to Ulsan and Geoje shipyards, where both companies outlined cooperation plans linked to the MASGA initiative and U.S. naval programs.
Samsung Heavy Industries joined Korea’s $150 billion MASGA initiative with a partnership with DSEC, marking the Big Three’s united entry into U.S. shipbuilding cooperation.
HD Hyundai Heavy Industries has launched its first U.S. Navy vessel overhaul project in Ulsan, signaling deeper defense and shipbuilding cooperation between South Korea and the United States.
HD Hyundai hosted senior Korean and U.S. officials at its Ulsan shipyard, highlighting shipbuilding cooperation and MASGA’s role as a new pillar of the bilateral alliance.
A new bill seeks to relax Jones Act rules, allowing greater U.S. maritime cooperation with allies like South Korea and Japan.
Hanwha Philly Shipyard has started assembling Matson’s first next-gen Aloha Class containership, a 3,600-TEU LNG-ready vessel set for delivery in 2027.
HD HHI wins first US Navy MRO contract for USNS Alan Shepard, marking a milestone in Korea–US naval shipbuilding cooperation.
