Korean yards roll out US projects as Lutnick demands ships, not MOUs

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South Korea's leading shipbuilders have launched several US-based projects including naval vessels, LNG bunkering ships, smart shipyards, and workforce training initiatives. This follows the establishment of the Korea-US Shipbuilding Partnership Center in Washington, aiming to strengthen bilateral shipbuilding collaboration.

On Thursday, South Korea’s leading shipbuilders unveiled a wave of US partnerships covering naval vessels, LNG bunkering ships, smart yards and workforce training as Washington opened the operational centre for its $150bn shipbuilding alliance with Seoul. The Korea-US Shipbuilding Partnership Center opened in Washington on Thursday as the headquarters for the Make American Shipbuilding Great …