Korean Shipyards Win U.S. Navy Maintenance Contracts for Six Cargo Ships

Over the past two years Korean shipbuilders have secured regular overhaul and maintenance contracts for at least six of the U.S. Navy's 14 Lewis and Clark-class (T-AKE) cargo ships. HD Hyundai Heavy Industries won three contracts worth nearly $40 million, Hanwha Ocean two and HJ Heavy Industries one.

• HD Hyundai services USNS Alan Shepard, Cesar Chavez and Richard E. Byrd
• HD Hyundai's three contracts grew 25.4%, from $31.8M to $39.9M
• Hanwha Ocean handles USNS Wally Schirra and Charles Drew; HJ handles Amelia Earhart
• All six ships were previously maintained at U.S. West Coast shipyards