Tag: masga initiative

masga initiative

Latest News

Nearly a year on, Korea’s $150B U.S. shipbuilding pledge remains on paper

Disputes over financing, a lack of U.S. orders and election uncertainty have delayed Korea’s ambitious investment push to revive U.S. shipbuilding.

2026.10.18

U.S. senator lauds Hanwha's role in revitalizing U.S. shipbuilding industry

Republican Sen. Dave McCormick of Pennsylvania said that Hanwha's planned $5 billion investment in Philadelphia, part of Korea's broader $350 billion commitment to the United States, would help substantially expand the U.S. shipyard's production capacity.

2026.10.17

Tag: masga initiative

masga initiative

Latest News

Nearly a year on, Korea’s $150B U.S. shipbuilding pledge remains on paper

U.S. senator lauds Hanwha's role in revitalizing U.S. shipbuilding industry

Most popular

Veteran actors Yoo Hae-jin, Ryu Seung-ryong win Baeksang Grand Prizes — as it happened

Rooney, Maicon, Park Joo-ho score as Shield United wins Icons Match in Seoul — as it happened

BTS comeback: Bright lights and drone shows light up the sky as 'Arirang' finally arrives — as it happened

179 dead after Jeju Air flight 7C2216 crashes at Muan International Airport — as it happened

Yoon Suk Yeol sentenced to life in prison for insurrection — as it happened