shipbuilding

Hanwha rises as hub of US shipbuilding revival

Hanwha Group Vice
Chairman Kim Dong-kwan, second from right, explains the conglomerate’s
shipbuilding facilities to US Navy Secretary John Phelan, far right, at Hanwha’s
Geoje shipyard in South Korea, Wednesday. Photo courtesy of Hanwha Ocean

Dec. 26 (Asia Today) — Hanwha Group is positioning itself as a central player in the United States’ drive to revive its shipbuilding industry, with its Philadelphia shipyard emerging as a key operational base for Washington’s plan to restore naval power under President Donald Trump’s so-called “Golden Fleet” initiative.

Hanwha hosted a media day on Dec. 22 at its Hanwha Philly Shipyard in Pennsylvania, showcasing not just facilities but what executives described as a ready-to-execute platform aligned with U.S. national strategy to rebuild shipbuilding capacity and strengthen naval forces.

The significance of the site was underscored the same day when Trump publicly announced his Golden Fleet vision – aimed at countering China’s expanding naval power – and explicitly cited cooperation with South Korean conglomerate Hanwha. Trump recalled that during World War II, the United States built more than four ships a day on average, vowing to restore that capability.

Industry officials say the Philadelphia shipyard represents the point where political ambition meets practical execution.

Tom Anderson, head of shipbuilding at Hanwha Defense USA, said the shipyard should be seen not as a future possibility but as a fully prepared asset. The Golden Fleet concept centers on large, potentially nuclear-capable platforms and advanced surface vessels, while also elevating domestic production capacity as a political priority.

Rather than limiting cooperation to a single frigate program, Anderson said Hanwha is targeting the U.S. Navy’s core platform – the Virginia-class nuclear-powered submarine. “Hanwha Philly Shipyard has the capability to build nuclear-powered submarines,” he said, stressing that readiness extends beyond any single model to the entire class of nuclear-propulsion platforms.

The U.S. Navy currently requires two submarines per year but produces only about 1.2 due to capacity bottlenecks. To address this gap, Anderson proposed leveraging proven designs instead of starting from scratch, applying South Korea’s shipbuilding expertise in shortening construction timelines to the Virginia-class framework.

Acknowledging the complexity of nuclear submarine construction, Anderson outlined key prerequisites: workforce expansion, deployment of skilled Korean technicians, recruitment of personnel with Virginia-class experience, and close coordination with the U.S. Navy’s Naval Reactors program.

On the sensitive issue of nuclear material control, Anderson drew clear boundaries. “The reactor compartment is provided by the U.S. government,” he said, adding that strict safeguards and procedures for nuclear material management are already in place. Hanwha, he said, would comply with the same standards applied to all U.S. nuclear-submarine shipyards.

Questions at the briefing focused on timing. While declining to commit to a specific schedule, Anderson emphasized Hanwha’s readiness to move quickly once government decisions are made. “We fully recognize the urgency of submarine production,” he said.

Supply-chain resilience also emerged as a key theme. Anderson said Hanwha plans to integrate South Korea’s robust shipbuilding supply network to stabilize schedules and accelerate delivery, while maintaining the principle of “Made in the USA” production. In effect, Korean suppliers would serve as the arteries supporting U.S.-built vessels.

Cho Jong-woo, head of Hanwha Philly Shipyard, said expanded shipbuilding in the United States would allow Korean component makers and partner firms to enter global supply chains and grow alongside the U.S. naval buildup.

As Washington seeks to turn shipbuilding revival from slogan into strategy, Hanwha’s U.S. foothold is increasingly viewed as a critical pillar in rebuilding America’s maritime power.

–Copyright by Asiatoday

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Japan moves to revive shipbuilding with 1 trillion yen fund

Japan’s new submarine “Jingei” is seen during the launching ceremony at Kobe Shipyard & Machinery Works of MHI in Kobe, Hyogo-Prefecture, Japan on October 12, 2022. A diesel-electric Taigei class submarine “Jingei” is 3,000-ton with system of TCM (Torpedo Counter Measure) and may launch the Boeing UGM-84L Harpoon Block II, about 70 crew and has dwelling compartments for six females. File Photo by Keizo Mori/UPI | License Photo

Dec. 15 (Asia Today) — Japan’s shipbuilding industry is moving to rebuild after a prolonged slump, with the government establishing a 1 trillion yen ($6.42 billion) support fund and preparing a mid- to long-term industrial strategy dubbed the “Shipbuilding Revitalization Roadmap,” according to the report.

Tokyo is also promoting an “All Japan” framework that links the shipping and shipbuilding sectors, redefining shipbuilding as a national strategic industry. The shift is being closely watched by South Korea’s shipbuilders as Japan seeks a policy-driven pivot after its presence weakened amid aggressive competition from China and South Korea.

Japan was a global shipbuilding powerhouse in the early 1970s, accounting for about half of worldwide shipbuilding volume. After the oil crisis, however, large-scale facility investment largely stalled for more than 50 years due to volatility in shipping markets and uncertainty in ship demand. During that period, South Korea and China rose to the center of global shipbuilding through government-led investment and support, the report said.

Japan’s share of global merchant-ship orders remains in the single digits, the report added. The rebuilding drive stems from a growing view in government and industry that shipbuilding is not only a competitiveness issue but also a matter of national infrastructure.

The initiative goes beyond financial injections for individual companies, the report said. The government has set a goal of doubling annual shipbuilding volume over the next decade, while prioritizing a stronger production base and the recovery of technological and design capabilities.

A key feature is an effort to tighten coordination between shipbuilders and shipping lines. The report pointed to agreements between major shipping groups and shipbuilding and design firms to standardize designs for next-generation fuel vessels, aiming to link domestic industries from the ordering stage through operations and improve competitiveness.

The approach differs from South Korea’s export-driven shipbuilding model,which competes globally for orders from shipowners, the report said. Japan, bycontrast, is positioning its alliance with domestic shipping as a core pillarof its industrial strategy.

While South Korea already holds top-tier competitiveness and leads globalorders in high-value-added vessel types, Japan’s current move reflects a changein national-level perceptions of shipbuilding, the report argued.

Japan is framing shipbuilding not simply as an export industry but as afoundational sector supporting maritime logistics, citizens’ livelihoods,economic activity and national security. The policy push raises questions abouthow the state can ensure the industry’s sustainability despite its cyclicalvolatility, the report said.

It remains too early to judge whether Japan’s reconstruction drive will deliver tangible results. But the report said the Japanese government and industry have returned shipbuilding to the center of national strategy – a signal that the East Asian shipbuilding landscape may be shifting again.

-Reported by Asia Today; translated by UPI

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