HD Hyundai Heavy Industries Co. has obtained a maintenance contract for the US Navy's USNS Alan Shepard, a Lewis and Clark-class dry cargo ship. Maintenance will commence in September near Ulsan and will involve propeller cleaning, tank maintenance, and inspections. This contract holds significance as it follows South Korea's proposal for the MAGSA initiative, aimed at enhancing US shipbuilding capabilities. The initiative involves a $150 billion partnership to strengthen the US shipbuilding industry through new yard construction, worker training, and ship maintenance assistance.
HD Hyundai Heavy Industries Co. secured a maintenance, repair, and overhaul contract for the US Navy's Lewis and Clark-class dry cargo ship USNS Alan Shepard.
The repair work for USNS Alan Shepard includes propeller cleaning, tank maintenance, and inspections of onboard equipment.
The contract is highly significant as it is the first awarded after South Korea proposed the MAGSA initiative for joint shipbuilding with the US.
The $150 billion partnership aims to enhance the US shipbuilding industry by constructing new yards, supporting worker training, and assisting with ship maintenance.
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