US seeks shipbuilding expertise from South Korea and Japan to counter China

Written by Emily J. Thompson, Senior Investment Analyst

Source: Yahoo Finance

Updated: Aug 17 2025

0mins

Source: Yahoo Finance

U.S. Lawmakers' Trip to Asia: Senators Tammy Duckworth and Andy Kim are visiting South Korea and Japan to explore partnerships in shipbuilding, aiming to enhance U.S. naval capabilities that currently lag behind China’s dominance in the industry.
Focus on Joint Ventures and Repairs: The discussions will center on forming joint ventures for constructing auxiliary vessels and repairing U.S. ships in the Indo-Pacific region, addressing the aging fleet and delays in current shipbuilding programs.

About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.

US seeks shipbuilding expertise from South Korea and Japan to counter China

About the author

Top News

Amazon Appoints Peter DeSantis to Lead AI Innovations

Warner Bros Rejects Paramount Bid, Endorses Netflix Deal

Ford Announces $19.5B EV Restructuring Charges

Fed Cuts Interest Rates Amid Economic Concerns

Related Articles

Vision Marine Technologies Prices 32M Units at $0.30 Each, Raising $9.6M

UL Solutions Signs MOU with Saudi Electricity Company to Enhance Fire Safety Standards

People Also Watch