Hanwha Group Commits to Revitalize U.S. Shipbuilding Industry, Progress Expected to Be Slow

Hanwha Group from South Korea has pledged to revitalize the U.S. shipbuilding industry, although significant progress is not anticipated in the near future. The company plans to build two ships primarily in South Korea, reflecting ongoing challenges in the U.S. sector. Experts indicate that while there is cautious optimism, fully rekindling the U.S. shipbuilding industry may still take time.