SEOUL, Nov. 20 (Korea Bizwire) – HD Hyundai, South Korea’s leading shipbuilding group, on Thursday announced a partnership with the Ulsan National Institute of Science & Technology (UNIST) to speed up efforts to apply artificial intelligence (AI) technologies in the shipbuilding industry. Under the agreement involving HD Korea Shipbuilding & Offshore Engineering Co., HD Hyundai [...]
SEOUL, Nov. 19 (Korea Bizwire) – HD Hyundai, South Korea’s leading shipbuilding group, said Wednesday it has become the world’s first shipbuilder to deliver 5,000 vessels, reaching the milestone 50 years after its inaugural ship delivery. The 5,000th vessel, delivered last month, was the Diego Silang, the second offshore patrol vessel built for the Philippine [...]
SEOUL, Nov. 13 (Korea Bizwire) – HD Hyundai, South Korea’s leading shipbuilding conglomerate, said Thursday its chairman held talks with a state minister of India to discuss ways to expand cooperation in the shipbuilding and maritime industries. HD Hyundai Chairman Chung Ki-sun met with Hardeep Singh Puri, India’s minister for petroleum and natural gas, in [...]
SEOUL, Oct. 17 (Korea Bizwire) – HD Hyundai, South Korea’s leading shipbuilding conglomerate, said Friday it has appointed Executive Vice Chairman Chung Kisun, the third-generation member of the founding family, as chairman, marking a shift to an owner-led management structure. The move ends the professional management system that had been in place for decades. Outgoing [...]
SEOUL, Oct. 13 (Korea Bizwire) — HD Hyundai is exploring multiple options for expanding into the United States, including acquiring shares in an existing shipyard or building one from the ground up — a move that could mark one of the most significant steps yet by a Korean shipbuilder into the U.S. market. According to industry [...]
BUSAN, Sept. 11 (Korea Bizwire) — Two affiliates of HD Hyundai have received approval in principle for an Internet of Things–based smart cabin system designed to optimize energy use and improve onboard living conditions, the Korean Register (KR) said Wednesday. The certification, granted jointly to HD Hyundai Samho Heavy Industries and HD Hyundai Mipo Dockyard, verifies [...]
SEOUL, Aug. 26 (Korea Bizwire) — HD Hyundai Co., South Korea’s leading shipbuilding conglomerate, said Tuesday it has signed an initial agreement to create a joint investment program aimed at rebuilding the U.S. shipbuilding industry, as part of bilateral cooperation between Seoul and Washington. The memorandum of understanding (MOU) was signed in Washington on Monday [...]
SEOUL, Aug. 13 (Korea Bizwire) — HD Hyundai, South Korea’s leading shipbuilding group, said Wednesday that senior government officials from South Korea and the United States visited its shipyard to discuss ways to expand bilateral cooperation in the shipbuilding sector ahead of a summit between their top leaders. Foreign Minister Cho Hyun; Joseph Yun, acting [...]
SEOUL, Aug. 7 (Korea Bizwire) — HD Hyundai Co. and Korean Air Co. on Thursday announced separate agreements with U.S. defense technology firm Anduril Industries Inc. to jointly develop unmanned defense platforms, in a push to expand their presences in the field of military systems based on artificial intelligence (AI). HD Hyundai, a South Korean [...]
SEOUL, Aug. 7 (Korea Bizwire) — South Korean shipbuilding conglomerate HD Hyundai Co. said Thursday it has signed an agreement with U.S. defense technology company Anduril Industries Inc. to expand cooperation in the naval defense sector, particularly in the development of unmanned surface vessels (USVs). The two companies signed a memorandum of agreement (MOA) on [...]