HD Hyundai Heavy Industries has signed a joint development contract with the Peruvian Navy and SIMA Shipyard to design a Peru-specific next-generation submarine, with an 11-month design phase starting next January.
HD Hyundai Heavy Industries is deploying portable welding robots for confined ship blocks, combining JCT’s platform with Rainbow Robotics control and design-linked software from HD KSOE. Reports cite 35 units plus 27 for HD Hyundai Mipo.
South Korea’s major shipyards in Geoje and Ulsan face severe labour shortages amid a surge in new orders, pushing builders to hire more foreign workers and triggering local backlash over visa quotas and jobs.
Thailand’s RCL ordered two 14,000 teu containerships at HD Hyundai Heavy Industries for KRW435.3bn ($299m), with delivery by October 2028 and marking the first collaboration between the firms.
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.
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 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 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 has committed ₩3.45 trillion to order 14 new LNG-powered vessels, marking a strategic leap toward green shipping and fleet modernization.
