The US Navy is seeking South Korean shipbuilding expertise and considering bids from major South Korean shipyards.
1 report, 1 independent
Updated Jul 14
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What happened
The US Navy is seeking South Korean shipbuilding expertise and considering bids from major South Korean shipyards.
Who's involved
What this event is mainly aboutKeep exploring
Part of
A defense bill is creating procurement opportunities for several shipyards, including plans for a $5 billion investment and securing U.S. Navy contracts.Also in this story
- Hanwha Philly Shipyard secured a $1.4 billion contract for defense vessels.
- Hanwha Ocean is a front-runner for a Canadian submarine program, prompting Canada to seek industrial partnerships with South Korean firms.
The entities involved
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Samsung Heavy Industries
South Korean shipbuilding company
Nothing else this week.
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Hanwha Ocean
shipbuilder of South Korea
Related events
- Hanwha Ocean showcased a data center at Gastech 2026, while HD Korea Shipbuilding & Offshore Engineering sought design appraisal and HD Hyundai affiliates participated in the event.
- The three major local shipbuilders—HD Hyundai Heavy Industries, Samsung Heavy Industries, and Hanwha Ocean—are currently benefiting from huge order backlogs.
- Mitsui O.S.K. Lines, Chevron Corporation, and Hanwha Ocean are partnering in South Korea on innovative projects, including a wind-assisted LNG carrier.