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[HD Hyundai in Media] The New Acronym Driving South Korea’s Summit With Trump: MASGA

2025.08.24

HD Hyundai Heavy Industries, which operates the world’s largest shipyard in Ulsan, South Korea, could make a U.S. destroyer there at roughly half the cost it would take in the U.S. and two-thirds the time, according to industry officials. But U.S. regulations forbid building American commercial or military ships overseas.
 

Buying an American shipyard, like Hanwha did, is an option under consideration by HD Hyundai, said Jeong Woo-maan, the firm’s head of planning for the naval business. But rebuilding U.S. shipbuilding capacity would require a deeper pool of workers, infrastructure and suppliers, something that would take years to build, he said.

(See original article below)

The New Acronym Driving South Korea’s Summit With Trump: MASGA