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03 AUG 2026 MONDAY
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Korea-U.S. Strategic Fund Spurs SMR, LNG Investments in Shipbuilding News 22/06/2026 With the official launch of the Korea-US Strategic Investment Corporation, which is exclusively responsible for strategic investments between South Korea and the United States, the pace of investment in the United States for strategic industries is expected to accelerate. The US Louisiana liquefied natural gas (LNG) terminal project and small modular engine (SMR) are being mentioned as the first investment destinations of the Korea-US Strategic Investment Corporation. Accordingly, expectations for the growth of the US business of the domestic shipbuilding industry and the SMR industry are growing. According to the industry on June 19, the Korea-US Strategic Investment Corporation, which officially launched the previous day, is expected to formalize its first investment destination within this month. It is reported that the first investment destination is highly likely to be the energy infrastructure sector within the United States. Specifically, the Louisiana LNG terminal project and SMRs are selected. If South Korea initiates full-scale investment in the Louisiana LNG terminal project, the domestic shipbuilding industry can expand its orders. This is because if a large-scale LNG terminal is built in the United States, the volume of LNG cargo traveling to and from the United States will increase accordingly. Accordingly, orders for LNG carriers are also expected to increase. HD Korea Shipbuilding & Offshore Engineering has already formed a US business promotion task force team (TFT) early this year to respond to the expansion of its US business. The TFT is comprehensively in charge of policy response between South Korea and the United States, discovering business cooperation, and establishing a local network. An official from HD Korea Shipbuilding & Offshore Engineering stated, “We have formed the US business promotion TFT for specific discussions and smooth cooperation with
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news Hellenic Shipping News ·2026-06-22

Korea-U.S. Strategic Fund Spurs SMR, LNG Investments

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