Latest news with #Ulsan
Yahoo
06-08-2025
- Business
- Yahoo
A South Korean shipyard just picked up a new repair job from the US Navy as it turns to allies to help fix the fleet
South Korean shipbuilder HD Hyundai Heavy won a maintenance contract for US Navy cargo ship USNS Alan Shepard. The US and South Korea are exploring closer cooperation on shipbuilding and maintenance. South Korea boasts a major shipbuilding industry that could have answers for the Navy's problems. A leading South Korean shipyard has won a repair contract for a US Navy auxiliary supply ship as the sea service looks to allies for assistance in maintaining the fleet. South Korea is a prominent allied shipbuilding power in the Pacific, and the US has been exploring closer cooperation that could provide answers as the Navy takes a hard look at the American yards constructing and doing maintenance on its ships. On Wednesday, HD Hyundai Heavy Industries Co. announced that it had secured a maintenance, repair, and overhaul contract for the US Navy Lewis and Clark-class dry cargo ship USNS Alan Shepard. The overhaul will begin in September near HD Hyundai's headquarters in Ulsan on the southeastern coast. The planned repair work will include propeller cleaning, tank maintenance, and inspections of onboard equipment. Alan Shepard is expected to be delivered to the Navy in November. The Navy didn't immediately respond to Business Insider's request for comment on the upcoming work. The contracted work is "highly significant," Joon Won-ho, head of HD Hyundai Heavy Industries' Naval and Special Ship Business Unit said, per the company's statement, because it marks the first contract following the South Korean government's proposal for a joint shipbuilding initiative with the US — MAGSA, or Make American Shipbuilding Great Again. South Korean officials proposed this MASGA initiative late last month as Washington and Seoul negotiated and navigated tariffs. The $150 billion partnership will be led by South Korean shipbuilders and help strengthen the US shipbuilding industry, including constructing new yards, supporting worker training, and assisting with ship maintenance. President Donald Trump and some other US officials have said that building more Navy ships and fixing broader shipbuilding and maintenance problems are top priorities, although questions remain on how the administration plans to pursue that. Before the MASGA initiative, HD Hyundai was already working closely with American shipbuilders, including a strategic partnership agreement with Huntington Ingalls Industries, among other collaborations in the US commercial sector. Other South Korean shipbuilders have also been helping with Navy repair and maintenance. In March, Hanwha Ocean finished up a regular overhaul on the USNS Wally Schirra, another Lewis and Clark-class dry cargo ship. The repair work marked the first time that a South Korean yard had bid on and won a regular overhaul contract of that scale for that type of vessel. In the MASGA proposal, South Korea's top shipbuilders — HD Hyundai, Hanwha Ocean, and Samsung Heavy Industries — agreed to cooperate on exploring how to bolster America's industry. While US allies and partners have been involved in helping maintain the Navy's fleet before, there has been a ramp-up in cooperation. US experts and officials have noted that Indo-Pacific allies, namely South Korea and Japan, have robust shipbuilding industries that may have answers to Navy problems. Some potential solutions observed in allied shipyards include better in-house worker training and more effective and efficient ship designs that reduce the labor hours needed to construct, maintain, and modernize vessels. Some models from outside the defense sector may also be applicable to military shipbuilding. Navy leaders have acknowledged that the service can learn from the shipbuilding capabilities of its allies and partners. In April 2024, then-Navy Secretary Carlos Del Toro visited a South Korean shipyard and said he was "floored at the level of digitization and real-time monitoring of shipbuilding progress, with readily available information down to individual pieces of stock material." During that trip, Del Toro encouraged South Korean companies to invest in commercial and naval shipbuilding facilities in the US, as many were "largely intact and dormant" and "ripe for redevelopment." The current Navy secretary, John Phelan, visited both Hanwha Ocean Shipbuilding and HD Hyundai Heavy Industries in April and emphasized the value of South Korean yards in helping the US Navy maintain readiness in the Indo-Pacific, a priority theater where competition with China, a shipbuilding juggernaut with a substantial fleet, is a key focus for the Department of Defense. "Leveraging the expertise of these highly capable shipyards enables timely maintenance and repairs for our vessels to operate at peak performance," Phelan said. "This level of large-scale repair and maintenance capability strengthens our combat readiness, sustains forward deployed operational presence, and reinforces regional stability." In addition to the Wally Schirra, a South Korean yard has also worked on USNS Yukon, which is a Henry J. Kaiser-class underway replenishment oiler. These discussions come as the Navy struggles to address long-standing issues in how it builds and maintains its fleet. There are backlogs in maintenance, and major shipbuilding programs have faced significant delays and overrun costs due to a range of factors, such as workforce issues, limited shipyard capacity, supply chain disruptions, and logistics and timeline problems. The problems have raised concerns in Washington about fleet size and readiness as the US focuses on deterring and preparing to fight a potential conflict with an adversary like China. The Navy has said that South Korean shipbuilding is an asset to the US as China's shipbuilding industry dominates the global market and pumps out military vessels at an alarming rate. Read the original article on Business Insider Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
06-08-2025
- Sport
- Yahoo
News: Ulsan HD Appoint Shin Tae-yong as New Manager
Ulsan HD have announced the appointment of Shin Tae-yong as the club's new manager. On August 5th, Ulsan appointed Shin Tae-yong as their 13th head coach. Just a few days earlier, on Sunday (August 3rd), the club announced the mutual termination of the contract with their 12th head coach, Kim Pan-gon. Despite winning three consecutive K League 1 titles recently, Ulsan have struggled this season. To reorganize the team and refresh the atmosphere, they have chosen Shin Tae-yong, renowned for his leadership with national teams and clubs in Korea, Indonesia, and beyond, as their next head coach. Shin Tae-yong is a K League legend. During his playing career, he was a one-club man with Seongnam Ilhwa (now Seongnam FC), appearing in 405 matches and recording 102 goals and 69 assists. He became the first player in K League history to reach both 60 goals and 60 assists in 2003. He led Seongnam to six K League titles. In 2023, celebrating the 40th anniversary of Korean professional football, he was inducted into the inaugural class of the K League Hall of Fame as a third-generation representative. After retiring, Shin began his coaching career in 2009 as caretaker manager for Seongnam. In his first season, he led the team to runners-up finishes in both the K League and the FA Cup. In 2010, he became the full-time manager and guided the team to the AFC Champions League title, followed by an FA Cup win in 2011. Recognized for his coaching skills, Shin went on to serve as a coach for the Korean national team and later managed the squads for the Rio 2016 Olympics and the U20 World Cup hosted in Korea in 2017. At the U20 World Cup, he famously led Korea to a win over powerhouses Argentina. On July 4, 2017, Shin took over the Korean national team after Uli Stielike was dismissed. Although Korea did not advance to the round of 16 at the 2018 FIFA World Cup in Russia, Shin orchestrated a shocking 2-0 victory over defending champions Germany in the final group stage match. This game, dubbed the 'Miracle of Kazan,' stunned the global football community. Shin's counterattacking tactics proved successful, goalkeeper Jo Hyun-woo delivered a stellar performance against a barrage of German attacks, and Kim Young-gwon scored the opening goal, igniting a historic moment. Now, seven years later, he reunites with both players at Ulsan. Shin later expanded his coaching career across Asia, becoming the head coach of the Indonesian national team in December 2019. He made history by leading Indonesia to the round of 16 at the 2023 AFC Asian Cup in Qatar. In 2024, he also managed the Indonesian U23 team and led them to the semifinals of the U23 Asian Cup, even defeating Korea along the way. Through this international experience, Shin played a key role in enhancing the reputation and competence of Korean coaches abroad. After parting ways with Indonesia earlier this year, Shin returned to Seongnam in April in a part-time role as general manager to help rebuild his old club. Amid this, he received an offer from Ulsan and, after much deliberation, decided to take on the challenge and help the team overcome its current struggles. New Head Coach Shin Tae-yong stated: 'When I first received Ulsan's offer, I was happy, but I also felt a lot of pressure. Ulsan have always been considered one of the strongest teams in the K League. I am convinced that if we overcome this difficult period, better days will surely come. I will dedicate all my capabilities to restoring the team's glory.' Interview Q. How do you feel about returning to the K League after 13 years and becoming the 13th head coach of Ulsan? I'm truly honored and happy to be appointed as the head coach of Ulsan HD. During my playing days, I played many matches against Ulsan and visited Ulsan Munsu Stadium quite often, but every time I came, it was always tough because they were such a strong team. I never imagined I would be coming here as a head coach. I will work hard and do my best to help both my career and Ulsan HD grow into an even more prestigious club. Q. How does it feel to return to Ulsan Munsu Stadium? As a player, I visited Ulsan Munsu Stadium quite often, but this is my first time coming here as a head coach. I have many memories of how difficult it was to play against Ulsan HD. However, now that I've been appointed as the coach, I will do my best to show our fans just how fierce and brave a team Ulsan HD can be, living up to the "tiger" image. Q. There's also interest in your reunion with former players like Jung Woo-young, Jo Hyeon-woo, Kim Young-gwon, and Lee Chung-yong. Those players, along with Lee Jin-hyun, Jeong Seung-hyeon, and Kang Sang-woo, were all with me during the Olympics. It feels great to reunite with my former players. We'll become a "One Club, One Team" together, and we'll have discussions about what areas we need to improve going forward. The players need to help us get through this difficult period, so we'll talk about how we'll build things up. Rather than jumping straight into 'Let's do this or that,' I think we need to talk a lot about how to quickly refresh the team atmosphere and move in a positive direction. Q. Since you've taken over mid-season, the key theme is 'rebound.' Any message to the fans who are waiting for that turnaround? It seems like Ulsan HD have been through a tough time after returning from the Club World Cup. But what I can say with confidence is that this is a good team, and we will bounce back. I ask the fans to be a little more patient and to believe in me, Shin Tae-yong, and support us. Even if we don't win the title, I will do my best to make sure we become a team that comes close to winning.
Japan Times
06-08-2025
- Sport
- Japan Times
Shin returns to South Korea vowing to revitalize champions Ulsan
Former South Korea boss Shin Tae-yong has vowed to restore Ulsan HD to its former glory after making his return to frontline coaching with the South Korean champions seven months after being unceremoniously dumped by Indonesia. The 54-year-old has walked into a club attempting a rapid turnaround in the aftermath of a disappointing 13-month spell under predecessor Kim Pan-gon that has seen Ulsan surrender their status as the kings of Korean soccer. But the former midfielder is confident he can revitalize a club that has won the last three consecutive K League titles.
Straits Times
06-08-2025
- Sport
- Straits Times
Shin Tae-yong returns to South Korea vowing to revitalise champions Ulsan
Sign up now: Get ST's newsletters delivered to your inbox Shin Tae-yong has been appointed the new coach of Ulsan HD following his exit from the Indonesia national team. SEOUL – Former South Korea boss Shin Tae-yong has vowed to restore Ulsan HD to their former glory, after making his return to frontline coaching with the South Korean champions seven months after being unceremoniously dumped by Indonesia. The 54-year-old has walked into a club attempting a rapid turnaround in the aftermath of a disappointing 13-month spell under predecessor Kim Pan-gon that has seen Ulsan surrender their status as the kings of Korean football. But Shin, a former midfielder in his playing days, is confident that he can revitalise a club that has won the last three consecutive K-League titles. "Ulsan HD have been a powerhouse in the K-League for a long time," he said. "I will try to rebuild the dynasty here with everything I can." Ulsan's form has plummeted since Hong Myung-bo, who led his team to the league title in 2022 and 2023, left in July last year to take charge of the South Korea national team. His successor Kim managed to retain the K-League title only to oversee an embarrassingly early exit from the Asian Champions League Elite, a poor performance by a side that had reached the semi-finals in April 2024. The team's disappointing form carried into the new K-League season and, by the time of Kim's departure over the weekend, Ulsan were 23 points adrift of leaders Jeonbuk Motors with their title defence in tatters. Top stories Swipe. Select. Stay informed. Singapore East-West Line MRT service resumes after delays lasting around 5 hours; track point fault fixed Singapore Hidden vapes and where to find them: Inside ICA's clampdown at land checkpoints Singapore Sorting recyclables by material could boost low domestic recycling rate: Observers Singapore SM Lee receives Australia's highest civilian honour for advancing bilateral ties Asia Trump's sharp India criticism corners Modi as rift deepens Singapore More train rides taken in first half-year, but overall public transport use stays below 2019 levels Singapore BlueSG needs time to develop software, refresh fleet, say ex-insiders after winding-down news Asia Cambodia-Thailand border clash a setback for Asean: Vivian Balakrishnan It is that gulf which Shin will be expected to bridge as he returns to club football in South Korea for the first time in 13 years. During his previous spell in the K-League, he led Seongnam Ilhwa to the Asian Champions League title in 2010 and the Korean FA Cup a year later. He moved on from Seongnam to work with the national team, first as Uli Stielike's assistant before taking on the full-time role in 2017, when he won the East Asian Championship. In 2018 he led his country to the World Cup Finals, where the Koreans handed champions Germany a 2-0 defeat that eliminated Joachim Low's side from the competition. Shin took his services to Indonesia in 2020 and, in a four-year spell, led the South-east Asian nation to the knockout rounds of the Asian Cup for the first time as well as to the third phase of the continent's 2026 World Cup preliminaries. And while he was cast aside by the Indonesians in January to make way for Patrick Kluivert, Shin retains the faith of enough decision makers within the South Korean game to be given the opportunity to revitalise Ulsan. "We have a great team here and if fans can just trust me and wait a bit patiently, I will put this team back in title contention," he added. REUTERS
Straits Times
06-08-2025
- Sport
- Straits Times
Shin returns to South Korea vowing to revitalise champions Ulsan
Sign up now: Get ST's newsletters delivered to your inbox Former South Korea boss Shin Tae-yong has vowed to restore Ulsan HD to their former glory after making his return to frontline coaching with the South Korean champions seven months after being unceremoniously dumped by Indonesia. The 54-year-old has walked into a club attempting a rapid turnaround in the aftermath of a disappointing 13-month spell under predecessor Kim Pan-gon that has seen Ulsan surrender their status as the kings of Korean football. But the former midfielder is confident he can revitalise a club that has won the last three consecutive K-League titles. "Ulsan HD have been a powerhouse in the K-League for a long time," Shin said. "I will try to rebuild the dynasty here with everything I can." Ulsan's form has plummeted since Hong Myung-bo, who led his team to the league title in 2022 and 2023, left in July last year to take charge of the South Korea national team. His successor Kim managed to retain the K-League title only to oversee an embarrassingly early exit from the Asian Champions League Elite, a poor performance by a side that had reached the semi-finals in April 2024. The team's disappointing form carried into the new K-League season and, by the time of Kim's departure on Sunday, Ulsan were 23 points adrift of leaders Jeonbuk Motors with their title defence in tatters. It is that gulf which Shin will be expected to bridge as he returns to club football in South Korea for the first time in 13 years. During his previous spell in the K-League, Shin led Seongnam Ilhwa to the Asian Champions League title in 2010 and the Korean FA Cup a year later. He moved on from Seongnam to work with the national team, first as Uli Stielike's assistant before taking on the full-time role in 2017, when he won the East Asian Championship. In 2018 he led his country to the World Cup finals, where the Koreans handed champions Germany a 2-0 defeat that eliminated Joachim Loew's side from the competition. Shin took his services to Indonesia in 2020 and, in a four-year spell, led the Southeast Asian nation to the knockout rounds of the Asian Cup for the first time as well as to the third phase of the continent's 2026 World Cup preliminaries. And while he was cast aside by the Indonesians in January to make way for Patrick Kluivert, Shin retains the faith of enough decision makers within the South Korean game to be given the opportunity to revitalise Ulsan. "We have a great team here and if fans can just trust me and wait a bit patiently, I will put this team back in title contention," he said. REUTERS
