Korea Invests 525 Billion Won in Ship Tech in Shipbuilding News 15/05/2026 The government will invest up to 525 billion won over five years to strengthen shipbuilding competitiveness and secure core technologies for seven types of vessels, including LNG carriers and ammonia carriers. Additionally, it will invest 1 trillion won by 2030 to secure an Artificial Intelligence (AI) shipyard capable of operating 24 hours a day. Furthermore, measures to maintain essential vessel production capacity will be pursued, such as having the public sector place orders for resource and energy vessels that have a significant impact on industrial security. The Ministry of Trade, Industry and Energy held the ‘K-Shipbuilding Future Vision Forum’ on the afternoon of May 13 at the Hyundai Hotel in Ulsan to discuss strategies for leading the future shipbuilding market through strengthening the core of K-Shipbuilding and building a co-prosperity ecosystem. At the forum, all members of the shipbuilding ecosystem, including large, medium, and small shipbuilders, internal and external partner companies, equipment manufacturers, workers, and financial institutions, gathered to deliberate on the future of K-Shipbuilding. Prior to the discussion, Minister of Trade, Industry and Energy Kim Jeong-gwan announced the ‘K-Shipbuilding Future Vision: With Everyone’s Strength, Toward a Greater Future,’ and revealed a vision to continue making K-Shipbuilding a global leader through three major strategies: strengthening the core, expanding the market, and creating a co-prosperity ecosystem. First, the plan is to promote domestic orders for essential vessels. As domestic shipbuilders focus on high-value-added selective orders, a situation has arisen where there is a reliance on foreign countries for vessels essential for transporting security-related materials, such as car carriers, bulk carriers, and small container ships. In response, the shipbuilding and shipping industries launched the ‘Shipbuilding-Shi