Hanwha Ocean virtually wins $5 bln KDDX destroyer bid
Hanwha Ocean has virtually been selected as the preferred bidder for South Korea’s next-generation destroyer project, industry sources said Thursday, beating rival HD Hyundai Heavy Industries by less than one point in a closely watched competition. The Defense Acquisition Program Administration, or DAPA, completed its evaluation of proposals for the detailed design and construction of the lead ship for the Korean Destroyer Next Generation, or KDDX, and n
Seoul sees no rift with Washington over nuclear subs despite U.S. bill
South Korea said Tuesday there is no disagreement with the United States over its ambition to build nuclear-powered submarines domestically, despite a move in the U.S. Congress to bar Navy combat vessels from being built at foreign shipyards. The government said Washington understands Seoul's plans and that the two sides remain in "close consultations" following the launch of follow-up talks on security agreements earlier this month. "As
South Korea pushes hydrogen trucks in final pitch for Canada's submarine race
South Korea has proposed a multibillion-dollar hydrogen truck project in Canada as part of its final push to win Ottawa's next-generation submarine contract, turning an earlier request for automotive investment into a broader industrial package centered on hydrogen mobility, local manufacturing and jobs. The proposal, code-named "Project Beaver," was disclosed by Presidential chief of staff Kang Hoon-sik in an interview with Canada's CTV News,
S. Korea, US to track progress in nuclear submarine, enrichment talks
South Korea and the U.S. have agreed to track progress in follow-up talks on Seoul’s push for nuclear-powered submarines, uranium enrichment and spent fuel reprocessing, Seoul's Foreign Ministry said Thursday. The agreement came after government delegations from the two countries held a meeting at the Foreign Ministry in Seoul from Tuesday to Wednesday to begin implementing security-related commitments included in a joint fact sheet issued after last
South Korea makes final all-out push for Canada's submarine bid
South Korea is stepping up efforts to win Canada's next-generation submarine procurement project, as Ottawa is expected to select its preferred bidder by the end of June for a deal estimated to be worth US$40 billion. The final race for the Canadian Patrol Submarine Project, or CPSP, has increasingly narrowed into a competition between South Korea's "One Team" bid led by Hanwha Ocean and HD Hyundai Heavy Industries, and Germany's Thyssenkr
HD Hyundai Heavy Industries begins Sweden icebreaker project
HD Hyundai Heavy Industries has begun work on an icebreaker project it won from Sweden, marking the first overseas icebreaker contract secured by a South Korean shipyard. The company said Thursday that eight officials from Sweden, including Erik Eklund, director general of the Swedish Maritime Administration, and Johannes Andreasson, deputy head of mission at the Swedish Embassy in Seoul, visited its shipyard in Ulsan on Wednesday for a kickoff meeting on the p
HD Hyundai Heavy strengthens Davie ties in push for Canada submarine deal
HD Hyundai Heavy Industries is stepping up its campaign to win Canada’s submarine procurement project by strengthening ties with Davie Shipbuilding, Canada’s largest shipyard. The company said Thursday that its executives met with senior officials from Davie Shipbuilding at the Canadian shipbuilder’s Ottawa office on May 26 to discuss ways to strengthen strategic cooperation across shipbuilding and naval vessel projects. The meeting was att
Korea, US to open talks on nuclear submarine, uranium enrichment rights
South Korea and the U.S. will hold talks in Seoul next week on implementing agreements reached by their leaders, including Seoul’s plan to build a nuclear-powered submarine, the Foreign Ministry said Friday. The meeting is scheduled to take place in Seoul from June 2 to 3 to discuss follow-up measures in the security field under the Joint Fact Sheet issued last November after the Korea-U.S. summit, according to the ministry. South Korea’s delegat
AJP Focus: Seoul's nuclear submarine push raises broader regional security questions
South Korea's new "Jangbogo N" nuclear-powered submarine program is raising questions over whether the project is designed primarily to deter North Korea or whether it could eventually become part of a broader U.S.-led effort to counter China. Officials have described the submarine as a symbol of Seoul's determination to take greater responsibility for its own security. But the move comes after the commander of U.S. Forces Korea recently descr
Korean submarine scores high with Canadian crew ahead of Ottawa decision
The Canadian crew after their first onboard journey aboard a South Korean submarine had only high praise for the ROKS Dosan Ahn Chang-ho, boosting Team Korea’s momentum in the final stretch of Ottawa’s multibillion-dollar competition to replace its aging submarine fleet. The KSS-III-class diesel-electric submarine arrived at Canadian Forces Base Esquimalt on Saturday after a nearly two-month voyage from Jinhae in southern Korea, marking the first tr