How are HD Hyundai and Hanwha Strengthening US Naval Ties?

Synopsis
Key Takeaways
- Strengthened cooperation between South Korea and the U.S. in naval shipbuilding.
- Emphasis on strategic alliances for maritime security.
- HD Hyundai and Hanwha Ocean's expertise in naval shipbuilding.
- Potential opportunities in maintenance and repair services.
- Collaboration aims to become a trusted partner for U.S. naval programs.
Seoul, May 1 (NationPress) HD Hyundai Heavy Industries Co. and Hanwha Ocean Co., prominent shipbuilders in South Korea, have committed to enhancing collaboration with the United States in the realms of naval shipbuilding and maintenance during a recent visit from a senior U.S. Navy official this week, as reported by the companies on Thursday.
On Wednesday, U.S. Secretary of the Navy John Phelan visited the headquarters of HD Hyundai Heavy in Ulsan, located approximately 300 kilometers southeast of Seoul, followed by a tour of a Hanwha Ocean shipyard in Geoje, also situated in the southern part of the nation, as part of his two-nation Asian tour which also included Japan.
During their meeting in Ulsan, Vice Chairman Chung Ki-sun of HD Hyundai Heavy underscored the significance of strategic cooperation between South Korea and the U.S. concerning maritime security, while showcasing the company's longstanding proficiency in naval shipbuilding, as reported by Yonhap news agency.
Both parties deliberated on potential collaborations in maintenance, repair, and overhaul (MRO) services for U.S. naval assets, along with prospects for future ship developments.
Kim Dong-kwan, vice chairman of Hanwha Group, provided Phelan with a tour of Hanwha Ocean's Geoje shipyard, which is currently engaged in MRO operations for the USNS Yukon, a 31,000-ton replenishment oiler vessel operating under the U.S. Navy's 7th Fleet.
Kim emphasized that Hanwha Ocean is at the forefront of South Korea-U.S. naval cooperation, highlighting its successful delivery of previous MRO projects for the U.S. Navy and the acquisition of Philly Shipyard in Philadelphia last year.
He also stated that the company has developed a robust construction system that meets U.S. Navy standards and aims to become “the most trusted partner” for American naval programs.
Phelan's visit occurs amidst U.S. President Donald Trump's emphasis on revitalizing the U.S. shipbuilding sector and the importance of collaborating with allies like South Korea, a global leader in naval vessel construction.
Prior to his arrival in South Korea, Phelan visited Japan, where he explored local shipyards and met with Japanese Defence Minister Gen Nakatani to discuss bilateral cooperation in naval ship maintenance.