In Korea, Sisa Journal reports the Korean government has proposed a major shipbuilding partnership to the United States, positioning industrial cooperation as a tool in ongoing tariff negotiations.
The plan, known as MASGA or Make American Shipbuilding Great Again, was announced by Trade and Industry Minister Kim Jung-gwan. Rather than matching the $550 billion and $600 billion investment pledges made by Japan and the EU, Korea is offering targeted collaboration built around its global strength in ship construction.
With 41 percent of the world’s new ship orders, Korea is one of the few nations capable of helping the U.S. rebuild its maritime capacity. The offer includes cooperation in commercial and strategic vessel construction, responding to the U.S. need for logistics resilience and naval readiness.
Minister Kim described the proposal as a practical alternative to direct capital commitments. Korea’s public financial institutions are reviewing ways to support the plan, which could also open doors for broader cooperation in energy, semiconductors, and battery production.
As U.S. negotiations continue, Seoul is betting that shipbuilding may be more persuasive than checkbooks. In a world where maritime control is strategic currency, Korea is offering vessels, not just promises.
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Category: Sustainable Marine Fuels
