{
  "id": 905174,
  "title": "Hanwha, Fincantieri shares rise after Trump opens Navy shipbuilding to foreign yards",
  "url": "https://urgent.news/2026/08/14/hanwha-fincantieri-shares-rise-after-trump-opens-navy-shipbuilding-to",
  "topic": "world",
  "section": "World",
  "published": "2026-08-14T20:32:46.000Z",
  "source": {
    "name": "Channel News Asia",
    "slug": "channel-news-asia",
    "url": "https://www.channelnewsasia.com/business/hanwha-fincantieri-shares-rise-after-trump-opens-navy-shipbuilding-foreign-yards-6320631"
  },
  "original_language": "en",
  "account": "Shares of South Korea's Hanwha Group and Italy's Fincantieri surged on August 14 after President Donald Trump opened U.S. Navy shipbuilding to foreign yards, according to a national security memorandum. Hanwha Ocean Co stock increased by 5.6%, while Fincantieri SpA rose by 3.2%. The directive permits foreign shipbuilders to construct up to two ships in their parent shipyards for rapid delivery, provided they make substantial investments in U.S. shipyards and train American workers. Hanwha, with the largest U.S. shipyard footprint, is the leading candidate, thanks to its $5 billion investment in the Pennsylvania yard, part of a trade deal with Washington. Fincantieri, Europe's largest shipbuilder, has spent over $800 million on U.S. shipyards over the past decade and recently secured a $30 million Navy contract for early work on Medium Landing Ship vessels. However, the shift may initially favor tankers and roll-on/roll-off vessels due to their lower cost and complexity.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 10,
    "also_reported_by": [
      {
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        "url": "https://urgent.news/2026/08/14/trump-vows-tighter-economic-isolation-of-iran-new-measures-next-week",
        "published": "2026-08-14T14:25:58.000Z"
      },
      {
        "outlet": "Hindustan Times - World News",
        "title": "Trump says record-setting Navy deployment to support Iran operations 'not nearly long enough'",
        "url": "https://urgent.news/2026/08/14/trump-says-record-setting-navy-deployment-to-support-iran-operations-901899",
        "published": "2026-08-14T18:36:11.000Z"
      },
      {
        "outlet": "NDTV",
        "title": "\"Not Nearly Enough\": Trump Rejects Concerns US Warship Deployed For Too Long",
        "url": "https://urgent.news/2026/08/14/not-nearly-enough-trump-rejects-concerns-us-warship-deployed-for-too",
        "published": "2026-08-14T18:52:16.000Z"
      },
      {
        "outlet": "Associated Press",
        "title": "Trump says record-setting Navy deployment to support Iran operations ‘not nearly long enough’",
        "url": "https://urgent.news/2026/08/14/trump-says-record-setting-navy-deployment-to-support-iran-operations",
        "published": "2026-08-14T18:53:02.000Z"
      },
      {
        "outlet": "France 24",
        "title": "Trump says record Navy deployment in Iran operations 'not nearly long enough'",
        "url": "https://urgent.news/2026/08/14/trump-says-record-navy-deployment-in-iran-operations-not-nearly-long",
        "published": "2026-08-14T20:17:38.000Z"
      },
      {
        "outlet": "CNA - Business",
        "title": "Hanwha, Fincantieri shares rise after Trump opens Navy shipbuilding to foreign yards",
        "url": "https://urgent.news/2026/08/14/hanwha-fincantieri-shares-rise-after-trump-opens-navy-shipbuilding-to-908149",
        "published": "2026-08-14T20:32:46.000Z"
      },
      {
        "outlet": "Jerusalem Post",
        "title": "Trump says he will declare Strait of Hormuz a 'territory of the United States' after defeating Iran",
        "url": "https://urgent.news/2026/08/14/trump-says-he-will-declare-strait-of-hormuz-a-territory-of-the-united",
        "published": "2026-08-14T20:58:52.000Z"
      },
      {
        "outlet": "Arutz Sheva - Israel National News",
        "title": "'The Strait will remain Iranian': Iran unfazed by Trump’s threat to claim Hormuz",
        "url": "https://urgent.news/2026/08/14/the-strait-will-remain-iranian-iran-unfazed-by-trumps-threat-to-claim",
        "published": "2026-08-14T22:11:09.000Z"
      },
      {
        "outlet": "Middle East Eye",
        "title": "Iran's deputy foreign minister says won't be intimidated by US threats after Trump's statements on Hormuz",
        "url": "https://urgent.news/2026/08/14/irans-deputy-foreign-minister-says-wont-be-intimidated-by-us-threats",
        "published": "2026-08-14T22:25:25.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}