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Hanwha Ocean becomes first South Korean shipyard to secure U.S. Navy MRO contract


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Hanwha Ocean announced that it has been awarded a contract to overhaul a 40,000-ton U.S. Navy dry cargo and ammunition ship, becoming the first South Korean shipyard to secure a ship maintenance, repair, and overhaul (MRO) contract from the U.S. Navy.

This project involves a regular overhaul of a large U.S. Navy vessel, a task that can only be undertaken by companies holding a Master Ship Repair Agreement (MSRA).

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