
HD Hyundai Says India Yard Plan Not Confirmed
HD Hyundai said reports of a KRW 3trn ($4bn) investment in a new shipyard in India’s Tamil Nadu state were not confirmed, according to a Korea Exchange filing.

HD Hyundai said reports of a KRW 3trn ($4bn) investment in a new shipyard in India’s Tamil Nadu state were not confirmed, according to a Korea Exchange filing.

HD Korea Shipbuilding & Offshore Engineering is advancing a $4.0 billion shipyard project in Thoothukudi, India, with planned annual capacity of 3.5 million to 4.0 million tonnes. The yard is being developed separately from the Cochin Shipyard block facility and is expected to serve as an anchor site within a wider cluster.

Siemens will build an integrated digital platform for HD KSOE to connect design-to-production workflows, supporting HD Hyundai’s “Future of Shipyard” program targeted for completion by 2030.

HD Hyundai Chairman Chung Kisun met Indian Prime Minister Narendra Modi in New Delhi to discuss expanding cooperation in shipbuilding, naval construction, and port crane projects during IndiaEnergyWeek2026.

HD Hyundai is expanding its use of Palantir Technologies’ Foundry and AIP platforms from oil refining into shipbuilding, construction equipment, electric-system units, robotics and marine aftermarket services under a reinforced group-wide partnership.

HD Hyundai says post-delivery changes by the M/V Dali’s owner and operator undermined built-in redundancies and led to a second blackout before the Key Bridge strike, while the NTSB also faults wiring and operations.

Dongwon Group reignites its bid to acquire HMM, South Korea’s largest shipping company. Despite HMM’s high valuation, major players like POSCO and HD Hyundai are reconsidering their offers.

The Supreme Court has upheld the suspended sentence of a safety manager at HD Hyundai Heavy Industries following a fatal accident at the Ulsan shipyard. The incident involved a falling steel plate.

HD Hyundai has signed an exclusive agreement with Tamil Nadu to plan a new shipyard in the state, with Thoothukudi among the candidate sites, in a trillion-won class project tied to India’s Maritime Amrit Kahl Vision 2047.
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