What Did the US Navy Secretary Discover at HD Hyundai Heavy and Hanwha Ocean?
Click to start listening
Synopsis
The visit by US Secretary of the Navy, <b>John Phelan</b>, to South Korea's shipbuilding giants, <b>HD Hyundai Heavy</b> and <b>Hanwha Ocean</b>, signals a pivotal moment in US-Korea relations. This partnership aims to bolster naval capabilities and sustainability in the maritime industry.
Key Takeaways
- Strengthened US-Korea relations in shipbuilding.
- Potential for increased naval collaborations.
- Focus on sustainability in maritime practices.
- Investment opportunities with South Korean companies.
- Importance of international partnerships in defense.
Seoul, April 30 (NationPress) John Phelan, the US Secretary of the Navy, made a significant visit to South Korea's premier shipbuilding firms, HD Hyundai Heavy Industries and Hanwha Ocean, on Wednesday. This trip aligns with Washington's commitment to enhance bilateral partnerships in the shipbuilding industry under President Donald Trump.
Phelan, currently on a two-nation tour of Asia that includes Japan, visited the headquarters of HD Hyundai Heavy in Ulsan, located approximately 300 kilometers southeast of Seoul. There, he explored a shipyard where advanced Aegis destroyers are under construction.
Following the tour, Phelan engaged in discussions with Vice Chairman Chung Ki-sun and other senior executives of HD Hyundai to explore potential collaboration in shipbuilding and maintenance, repair, and overhaul (MRO) services.
Later, he visited Hanwha Ocean's shipyard in Geoje, another southern city, meeting with Hanwha Group Vice Chairman Kim Dong-kwan to discuss opportunities in naval defence.
In Seoul, Phelan also met with acting President Han Duck-soo to deliberate on enhancing cooperation within the shipbuilding sector.
He assured that efforts would be made to pursue shipbuilding collaborations with South Korean enterprises in the future, as reported by Han's office.
This visit occurs amidst Trump's emphasis on revitalizing the U.S. shipbuilding sector and strengthening partnerships with allies like South Korea, a recognized leader in constructing naval vessels.
Prior to his arrival in South Korea, Phelan visited Japan, where he toured local shipyards and met with Defence Minister Gen Nakatani to discuss joint efforts in naval ship maintenance.
During his Senate confirmation earlier this year, Phelan acknowledged Hanwha Ocean’s acquisition of Philly Shipyard in the U.S., branding it as a crucial opportunity to attract South Korean capital and technology into the United States.
Additionally, the 10th Our Ocean Conference (OOC) concluded its two-day event in Busan, South Korea, fostering international dialogue on the sustainable future of the ocean.
This year's OOC convened around 2,600 maritime officials from 100 nations, including government representatives and leaders from global organizations, according to the Ministry of Oceans and Fisheries.
A total of 277 commitments aimed at promoting ocean sustainability, supported by an investment of over US$9.1 billion, were revealed during this gathering.
Point of View
I believe that the visit of US Secretary of the Navy, John Phelan, highlights the importance of international collaboration in shipbuilding. This strategic partnership not only enhances military readiness but also fosters economic growth through shared technology and innovation. The focus on sustainability and investment further underscores the potential for a mutually beneficial relationship.
NationPress
24/05/2025
Frequently Asked Questions
What was the purpose of John Phelan's visit?
John Phelan visited to strengthen bilateral cooperation in shipbuilding between the US and South Korea.
Which companies did Phelan visit?
He visited HD Hyundai Heavy Industries and Hanwha Ocean.
What did they discuss during the meetings?
They discussed cooperation in shipbuilding, maintenance, and naval defense.
Why is this visit significant?
It underscores the US commitment to revitalizing its shipbuilding industry and collaborating with allies.
What was highlighted during Phelan's confirmation hearing?
He emphasized the importance of Hanwha Ocean's acquisition of Philly Shipyard as a key opportunity.
