How are HD Hyundai and Hanwha Strengthening US Naval Ties?

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How are HD Hyundai and Hanwha Strengthening US Naval Ties?

Synopsis

HD Hyundai and Hanwha Ocean are taking significant steps to fortify their partnership with the United States in naval shipbuilding. Their commitment comes during a pivotal visit from U.S. Secretary of the Navy John Phelan, highlighting the importance of strategic alliances in maritime security.

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.

Point of View

It is essential to recognize the strategic importance of South Korea's collaboration with the United States in naval shipbuilding. This partnership not only bolsters maritime security but also enhances South Korea's role as a key player in global naval capabilities, which is crucial for maintaining stability in the region.
NationPress
15/06/2025

Frequently Asked Questions

What was the purpose of U.S. Secretary of the Navy John Phelan's visit?
The visit aimed to strengthen cooperation between South Korea and the U.S. in naval shipbuilding and maintenance, emphasizing strategic alliances.
What companies are involved in this partnership?
The partnership involves HD Hyundai Heavy Industries Co. and Hanwha Ocean Co., two leading South Korean shipbuilders.
What projects were discussed during the meetings?
The discussions included potential cooperation in maintenance, repair, and overhaul services for U.S. naval assets and future ship developments.
Why is this partnership significant?
This collaboration enhances maritime security and positions South Korea as a vital ally in U.S. naval operations.
How does this align with U.S. defense strategies?
The partnership aligns with U.S. strategies to revive its shipbuilding industry and strengthen ties with key allies like South Korea.