
US requests information on S. Korean shipbuilders naval construction capacity: sources
The latest move came after US President Donald Trump asked President Lee Jae-myung during last month's Group of Seven summit whether South Korean shipbuilders...
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Summary
The latest move came after US President Donald Trump asked President Lee Jae-myung during last month's Group of Seven summit whether South Korean shipbuilders would be able to quickly build 10 US Navy vessels. Under the agreement, South Korea committed $150 billion of its $350 billion US investment package to support shipbuilding projects in naval and commercial shipbuilding as well as related supply chains. The RFIs have raised expectations that Seoul and Washington will accelerate their shipbuilding partnership under the "Make American Shipbuilding Great Again" initiative, unveiled during the Lee-Trump summit in November last year.
Furthermore, By Kim Eun-jung SEOUL, July 8 (Yonhap) -- The United States has asked major South Korean shipbuilders to provide information on their capacity to build naval vessels, including destroyers and fleet replenishment ships, industry sources said Wednesday. The US Department of Defense and the Navy recently sent requests for information to HD Hyundai Heavy Industries Co. and Hanwha Ocean Co., and the two companies submitted details on their destroyer design capabilities and shipbuilding capacity last month, according to the sources familiar with the matter. HD Hyundai has established a partnership with Huntington Ingalls Industries, while Samsung Heavy Industries has formed a partnership with General Dynamics NASSCO. (Yonhap).
In addition, Hanwha Ocean has been seeking to secure the necessary licenses to build US Navy destroyers following its acquisition of the Philadelphia Shipyard in Pennsylvania. Since then, South Korean shipbuilders have stepped up efforts to enter the tightly regulated US naval shipbuilding market, where foreign participation is limited under the Jones Act and other regulations. "We responded to the U.S. RFIs by providing a comprehensive overview of the shipyards' capabilities, including their shipbuilding track record, design workforce and expertise, and annual shipbuilding capacity," an industry official said, asking for anonymity.
Moreover, Under the US Federal Acquisition Regulation, an RFI is a procedure used by the government to gather pricing, delivery terms and other market information for planning purposes.
Cross-referenced from 2 sources.
Factual coreconfirmed by several independent voices
The latest move came after US President Donald Trump asked President Lee Jae-myung during last month's Group of Seven summit whether South Korean shipbuilders would be able to quickly build 10 US Navy vessels.
reliability low1/2 sourcesUnder the agreement, South Korea committed $150 billion of its $350 billion US investment package to support shipbuilding projects in naval and commercial shipbuilding as well as related supply chains.
reliability low1/2 sourcesThe RFIs have raised expectations that Seoul and Washington will accelerate their shipbuilding partnership under the "Make American Shipbuilding Great Again" initiative, unveiled during the Lee-Trump summit in November last year.
reliability low1/2 sourcesBy Kim Eun-jung SEOUL, July 8 (Yonhap) -- The United States has asked major South Korean shipbuilders to provide information on their capacity to build naval vessels, including destroyers and fleet replenishment ships, industry sources said Wednesday.
reliability low1/2 sourcesThe US Department of Defense and the Navy recently sent requests for information to HD Hyundai Heavy Industries Co. and Hanwha Ocean Co., and the two companies submitted details on their destroyer design capabilities and shipbuilding capacity last month, according to the sources familiar with the matter.
reliability low1/2 sourcesHD Hyundai has established a partnership with Huntington Ingalls Industries, while Samsung Heavy Industries has formed a partnership with General Dynamics NASSCO. (Yonhap)
reliability low1/2 sourcesHanwha Ocean has been seeking to secure the necessary licenses to build US Navy destroyers following its acquisition of the Philadelphia Shipyard in Pennsylvania.
reliability low1/2 sourcesSince then, South Korean shipbuilders have stepped up efforts to enter the tightly regulated US naval shipbuilding market, where foreign participation is limited under the Jones Act and other regulations.
reliability low1/2 sources
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"We responded to the U.S. RFIs by providing a comprehensive overview of the shipyards' capabilities, including their shipbuilding track record, design workforce and expertise, and annual shipbuilding capacity," an industry official said, asking for anonymity.
according to Yonhap NewsUnder the US Federal Acquisition Regulation, an RFI is a procedure used by the government to gather pricing, delivery terms and other market information for planning purposes.
according to The Korea Herald
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