Korea Joongang Daily
Korea JoongAng Daily

U.S. Navy secretary hails Korean shipbuilding during HD Hyundai, Hanwha Ocean shipyard tours

U.S. Secretary of the Navy John Phelan toured the shipyards of HD Hyundai Heavy Industries and Hanwha Ocean, where he praised Korea's shipbuilding prowess.

2025-05-01

U.S. Secretary of the Navy tours HD Hyundai shipyard

U.S. Secretary of the Navy John Phelan discussed Korea-U.S. naval shipbuilding cooperation with HD Hyundai Heavy Industries at the firm’s headquarters in Ulsan on Wednesday amid the Trump administration’s push to bolster U.S. maritime capacity.

2025-05-01

U.S. senator highlights Korea’s capital, expertise in rebuilding shipbuilding industry

A U.S. senator has said that Korea and other allies can help revitalize America's shipbuilding industry with its capital and expertise, as U.S. President Donald Trump's administration is looking to deepen cooperation with the allies in the sector.

2025-05-01

U.S. Secretary of the Navy Phelan visits Korean shipbuilding partners

As Korea-U.S. cooperation in the shipbuilding industry gains momentum under the second Donald Trump administration, U.S. Secretary of the Navy John Phelan is scheduled to visit the headquarters of HD Hyundai Heavy Industries and Hanwha Ocean.

2025-04-30

Hanwha Ocean delivers soaring Q1 profits on LNG carrier boom despite geopolitical tensions

Hanwha Ocean reported robust first-quarter earnings on Monday, driven by strong sales of high-value LNG carriers despite rising geopolitical uncertainties surrounding the global shipbuilding industry.

2025-04-28

HD KSOE's affiliates win $1.7 billion in container ship orders

HD Korea Shipbuilding & Offshore Engineering's affiliates secured 2.5 trillion won ($1.7 billion) in orders for 22 container ships from clients in Asia and Oceania.

2025-04-28

Korea, U.S. agree to advance pan-gov't shipbuilding cooperation with NSCs taking central role

Senior security officials of Korea and the United States agreed Friday to advance pan-government cooperation in the shipbuilding sector with the two countries' National Security Councils (NSCs) at the center of the efforts, Seoul's NSC said.

2025-04-26

Chinese battery export dip sparks hope for Korean firms in U.S. market

Chinese EV battery shipments to the United States dropped sharply in February amid escalating trade tensions, bolstering hopes for Korea’s battery makers expanding their footprint in North America.

2025-04-20

For Korean shipyards, U.S. port fees could be sea of opportunity, or stormy waters

Korean shipbuilders are hoping that U.S. port fees targeting China could drive orders their way, but experts warn that Washington's move simply risks shrinking the market.

2025-04-18

Trump's pushing for naval supremacy over China. Here's what his maritime order misses

China has surpassed the U.S. in naval shipbuilding, prompting the Trump administration to involve allied nations like Korea to restore U.S. maritime dominance and enhance collaboration.

2025-04-17