Group 1 - The core project "MASGA" (Make American Shipbuilding Great Again) involves a specialized shipbuilding fund of up to $150 billion, aimed at enhancing U.S.-Korea shipbuilding cooperation [2][3] - The three major Korean shipbuilders, HD Korea Shipbuilding & Marine Engineering, Hanwha Ocean, and Samsung Heavy Industries, along with the Korea Shipbuilding & Marine Equipment Association (KOSHIPA), have established a task force to discuss the implementation of the MASGA project [2][3] - The fund is part of Korea's commitment to a total investment of $350 billion in the U.S., with the shipbuilding fund representing 43% of this total, making it the largest specialized fund in a single industry under the U.S.-Korea trade agreement [3] Group 2 - The fund will support various areas including new shipyard construction, talent development, shipbuilding, and MRO (maintenance, repair, and overhaul), although specific operational details are yet to be disclosed [3][4] - Hanwha Ocean is noted for its proactive investment strategy in the U.S., having acquired 100% of the Philly shipyard for $100 million, aiming to enhance its shipbuilding capacity significantly by 2035 [6][7] - HD Modern Group is also accelerating its collaboration with U.S. shipbuilders, having signed memorandums with major U.S. companies to enhance shipbuilding capabilities and reduce costs [9][10] Group 3 - The task force's role includes gathering industry trends and sharing information with the U.S. side, potentially evolving into a formal communication channel to reflect industry needs [3][4] - The Korean government emphasizes the importance of identifying quality projects to ensure the effective deployment of the fund, alongside securing necessary funding [4] - Samsung Heavy Industries is exploring various cooperation opportunities with U.S. shipbuilders, including joint construction and business expansion [10]