
Hanwha Ocean is expanding its U.S. shipbuilding partnership by establishing new collaborations with American companies and institutions. The company announced it has signed a ship design contract and two memorandums of understanding (MOUs) for workforce development and supply chain cooperation.
According to the filing, Hanwha Ocean signed an engineering services agreement with Leidos Gibbs & Cox Inc., a U.S. naval architecture firm, to jointly design a global strategic transport ship. This agreement builds on an MOU the companies signed in April to enhance shipbuilding capabilities for the U.S. Navy and allied navies.
The partnership between Hanwha Ocean and Leidos Gibbs & Cox Inc. aims to combine their expertise in shipbuilding and design to target the U.S. and global markets. Gibbs & Cox has designed over 70 percent of U.S. Navy surface combatants built since World War II.
A global strategic transport ship is a dual-use vessel for commercial cargo transport in peacetime and rapid military logistics during contingencies. They will jointly develop technologies and establish a design quality assurance system.
Hanwha Philly Shipyard Inc. (HPS), Hanwha Ocean’s U.S. unit, signed an MOU with Delaware County Community College to cooperate on shipbuilding technology education and workforce development. The partners plan to establish a skilled labor training system in the U.S.
Related: Buyers Ignore Inflated Prices Despite 2021-Style Listings
HPS also signed an MOU with the Chamber of Commerce for Greater Philadelphia and the Philadelphia Alliance for Capital and Technologies to identify local suppliers and strengthen the regional shipbuilding ecosystem, which is key for investment in the industry.
These collaborations are part of Hanwha Ocean’s efforts to become a key driver of the “Make American Shipbuilding Great Again (MASGA)” initiative by expanding cooperation in areas of greatest U.S. need through its local production base.
The establishment of the Korea-U.S. Shipbuilding Partnership Center (KUSPC) marks a significant step forward in the collaboration between Hanwha Ocean and its U.S. partners.
The company said it aims to become a key driver of the “Make American Shipbuilding Great Again (MASGA)” initiative by expanding cooperation in areas of greatest U.S. need through its local production base. [ⓒ Pulse by Maeil Business News Korea & mk.co.kr, All rights reserved]