Transportation
South Korean industry better positioned for Seoul’s $150bn pledge
Imabari Shipbuilding has said it is not currently considering investing in the U.S. (Imabari Shipbuilding)
MASASHI ISAWA and SHOKO KUGAI
August 20, 2025 02:41 JST
TOKYO — As Japan looks to push shipbuilding investment in the U.S. under the countries’ tariff agreement, shipbuilders here are not keen on pouring money into a market with high labor costs and a weak supply network, unlike their South Korean counterparts.
AloJapan.com