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US Navy Secretary Secures Naval Shipbuilding Deal with South Korea

John Phelan's visit to HD Hyundai and Hanwha Ocean strengthens US-ROK collaboration on naval construction and maintenance.

Acting President and Prime Minister Han Duck-soo (R) holds talks with U.S. Secretary of the Navy John Phelan during their meeting at the government complex in Seoul on April 30, 2025, in this photo released by Han's office. (PHOTO NOT FOR SALE) (Yonhap)
South Korean Ambassador to the United States Cho Hyun-dong (L) poses for a photo with Secretary of the U.S. Navy John Phelan during their meeting in Washington, D.C., on April 24, 2025, in this photo provided by the South Korean Embassy. (PHOTO NOT FOR SALE) (Yonhap)
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Overview

  • US Navy Secretary John Phelan met with South Korean shipbuilding leaders on April 30 to enhance bilateral naval cooperation.
  • Phelan secured agreements with HD Hyundai Heavy Industries and Hanwha Ocean to bolster joint efforts in shipbuilding and MRO (maintenance, repair, and overhaul).
  • The meetings align with President Trump's initiative to revitalize the US shipbuilding industry through strategic partnerships with allies.
  • Hanwha Ocean’s acquisition of Philly Shipyard was highlighted as a key avenue for South Korean investment and technology transfer to the US market.
  • The visit to South Korea concludes Phelan’s broader Asia tour, which also included engagements in Japan to explore naval maintenance collaboration.