The previous Biden administration put South Korea in the "lowest" category of the U.S. Department of Energy's "sensitive and other designated countries list (SCL)" in early January, and no new restric

It had 15 years left of life, but now it has another 30.” Two MRO contracts secured by Hanwha Ocean last year mark the first time a South Korean shipyard has conducted such work for the US Navy, illustrating growing recognition in Washington of the need to harness its Asian allies’ shipbuilding expertise to keep pace with China’s naval build-up.