Hanwha Emerges as Key Partner in U.S. Shipbuilding Revival, Challenging China’s Dominance

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South Korea’s Hanwha Ocean is emerging as a major partner in efforts to revive US shipbuilding, bringing Korean technology and capital to the initiative. The cooperation aligns with the Trump administration’s goal of expanding American maritime industrial capacity and challenging China’s dominance in shipbuilding.

With U.S. shipbuilding capacity estimated at just one-230th of China’s, South Korea’s Hanwha Ocean is emerging as a key partner in efforts to revive the American shipbuilding industry. The Wall Street Journal (WSJ) has highlighted the role of Korean technology and capital in realizing the Trump administration’s vision of a new “maritime golden age.” In ...