Canada's 60 Trillion Won Submarine Order, Hyundai Motor Also Joins / The Start of the Legend of Korean Submarines' 'Best of Three, Two Wins' Crushing Germany's Pride, Professor Moon Geun-sik

Summary

In this interview, Professor Moon Geun-sik analyzes Canada's roughly 60 trillion won submarine procurement, where Korea is competing again with Germany. He explains Korea's technical edge through Hanwha Ocean and HD Hyundai Heavy Industries, Hyundai Motor's hydrogen cooperation, and Canada's resource and power advantages. He cautions the outcome remains uncertain, while also arguing that a separate nuclear-powered submarine program needs a special law and long-term institutional support.

• Canada's 60 trillion won submarine project is one of the largest defense export opportunities.
• Korea and Germany are in a second major submarine competition after the Indonesia export.
• Korea's bid highlights proven 3,000-ton submarines and advanced smart shipyards.
• Hanwha Ocean leads the consortium with HD Hyundai Heavy Industries; Hyundai Motor proposes hydrogen cooperation and Korean Air offers aerospace support.
• Canada's abundant hydro, nuclear, oil, LNG, and steel resources create industrial cooperation levers.
• The outcome remains uncertain, with final presentations expected in mid-February.
• A nuclear-powered submarine program would need special legislation and international nuclear coordination.
• Korean shipbuilders remain globally competitive in LNG, LPG, offshore, and smart shipyards.