HD Hyundai Heavy Industries Archives | Be Korea-savvy
S. Korean Shipyards Anticipate Greater U.S. Biz Opportunities after Trump’s Call for Cooperation

S. Korean Shipyards Anticipate Greater U.S. Biz Opportunities after Trump’s Call for Cooperation

SEOUL, Nov. 14 (Korea Bizwire) — South Korean shipyards appear upbeat over potential opportunities to expand their business in America after U.S. President-elect Donald Trump’s call for more bilateral cooperation in the sector. In his phone conversation with South Korean President Yoon Suk Yeol following his election victory last week, Trump said the U.S. seeks to work [...]

U.S. Navy Secretary Touts S. Korea’s Shipbuilding Capabilities

U.S. Navy Secretary Touts S. Korea’s Shipbuilding Capabilities

WASHINGTON, Apr. 11 (Korea Bizwire) — U.S. Secretary of the Navy Carlos Del Toro has noted South Korea’s capabilities to build high-quality ships, including warships, in a cost-effective way while voicing concerns that America’s shipbuilding capabilities have “atrophied” over the past decades. Toro made the remarks during an event organized by the Navy League in [...]

Cuba-South Korea Diplomatic Ties Open New Doors for HD Hyundai Heavy Industries

Cuba-South Korea Diplomatic Ties Open New Doors for HD Hyundai Heavy Industries

SEOUL, Mar. 11 (Korea Bizwire) – The recent establishment of diplomatic relations between Cuba and South Korea, marking Cuba as the 193rd country to formalize ties with Seoul, has been welcomed by HD Hyundai Heavy Industries. About two decades ago, in the absence of diplomatic relations, the company played a pivotal role in opening economic [...]

HD Hyundai Heavy, Babcock Pushing to Jointly Develop Submarine

HD Hyundai Heavy, Babcock Pushing to Jointly Develop Submarine

SEOUL, Feb. 21 (Korea Bizwire) — South Korean shipbuilding giant HD Hyundai Heavy Industries Co. said Wednesday it will cooperate with British defense titan Babcock to jointly develop a submarine for exports. To that end, officials of both companies recently held a meeting at HD Hyundai Heavy’s research and development center in Seongnam, south of [...]

HD Hyundai Heavy Finishes Basic Design for Next-Generation Destroyer

HD Hyundai Heavy Finishes Basic Design for Next-Generation Destroyer

SEOUL, Dec. 27 (Korea Bizwire) — South Korean shipbuilding titan HD Hyundai Heavy Industries Co. said Wednesday it has recently completed the basic design for the country’s next-generation Aegis destroyer. It comes three years after HD Hyundai Heavy was chosen as the preferred bidder for the Korea Destroyer Next Generation (KDDX) project to build a [...]