IMI Sign Construction Deal for Offshore Rig
4, November 2025
IMI and ARO Drilling have signed a deal to build the offshore jack-up rig Kingdom 4 at Ras Al-Khair, part of Saudi Arabia’s Vision 2030 initiatives.
HD Hyundai Heavy Industries
Excelerate Energy Signs $450 Million Agreement to Develop Iraq’s First LNG Regasification Terminal
29, October 2025
Excelerate Energy has signed a $450 million deal with Iraq’s Ministry of Electricity subsidiary to build the country’s first LNG regasification terminal at Khor al-Zubair using its new FSRU Hull 3407.
HD Hyundai Heavy Industries and HII Sign MOA to Strengthen U.S. Navy Shipbuilding Cooperation
27, October 2025
HD Hyundai Heavy Industries and HII signed an MOA during APEC 2025 to strengthen collaboration in naval shipbuilding, technology, and industrial base development between South Korea and the United States.
HD Hyundai Heavy Industries & HD Hyundai Mipo Merger Approved
24, October 2025
HD Hyundai Heavy Industries and HD Hyundai Mipo Dockyard have officially secured shareholder approval for their merger, set to launch a unified entity on December 1, marking a strategic consolidation in Korea’s shipbuilding and defence industries.
HMM Launches $2.5 Billion Green Fleet Order to Accelerate Maritime Decarbonization
20, October 2025
HMM has committed ₩3.45 trillion to order 14 new LNG-powered vessels, marking a strategic leap toward green shipping and fleet modernization.
HD Hyundai Heavy Industries Strengthens Ties with Malaysian Navy at Maritime Cooperation Forum
25, September 2025
HD Hyundai Heavy Industries has deepened ties with Malaysia’s navy through a maritime cooperation forum, signaling its ambition to expand in Southeast Asia’s defense shipbuilding market.
HD Hyundai Heavy Industries Launches Korea’s Next-Generation Aegis Destroyer Dasan Jeong Yak-yong
17, September 2025
HD Hyundai Heavy Industries has introduced the Dasan Jeong Yak-yong, the most advanced Aegis destroyer built to date, during a ceremony in Ulsan.
HD Korea Shipbuilding Wins $470M Contract for Four Container Carriers
16, September 2025
HD Korea Shipbuilding & Offshore Engineering has secured a US$470 million contract to construct four container carriers, further strengthening its 2025 orderbook.
HD Hyundai Strengthens Korea-U.S. Ties Ahead of MASGA Project Push
13, August 2025
HD Hyundai hosted senior Korean and U.S. officials at its Ulsan shipyard, highlighting shipbuilding cooperation and MASGA’s role as a new pillar of the bilateral alliance.
