Korea:267250

HD Hyundai Heavy Industries Wins South Korea's First Overseas Icebreaker Order

* Signed a $348.9 million contract with the Swedish Maritime Administration for one icebreaker, to be delivered in 2029 * Won the order over leading icebreaker builders, including Finland and Norway * "We plan to expand new export markets in the special-purpose ship sector based on our techno...

2026-04-27 08:00 2164

HD Hyundai Heavy Industries Builds World's First Ammonia-Powered Vessel

* Naming ceremony held for two mid-sized gas carriers equipped with ammonia dual-fuel engines * Ammonia projected to account for 46% of global marine fuel by 2050 * "HD Hyundai Heavy Industries will continue to lead the global eco-friendly ship market through technological innovation" SEOUL,...

2026-04-09 13:41 4728

HD Hyundai Avikus Spearheads Global Standards of Autonomous Navigation Support

* First universal autonomous navigation support system to receive TA, accelerating commercialization * Validation from DNV over three years, expected to contribute to IMO autonomous navigation standards * "HD Hyundai will advance the commercialization of autonomous navigation technology whi...

2026-04-07 14:44 3024

HD Construction Equipment to Support Training for Vietnam's National WorldSkills Team

* Will collaborate with the Vietnamese government and educational institutions to train construction equipment professionals * Plans to provide comprehensive support and technical expertise for the entire process leading to WorldSkills Shanghai in September * "Committed to fostering young te...

2026-04-05 08:00 4377

HD Hyundai Conducts Large-Scale Medical Mission in Subic, Philippines

* Medical staff from Ulsan University Hospital and employees of HD Hyundai Heavy Industries Philippines provide care to about 750 local residents * HD Hyundai operates a shipyard in Subic and participates in the Philippine Navy's modernization program SEOUL, South Korea, March 24, 2026 /PRNews...

2026-03-24 15:15 4029

HD Hyundai Electric Expands U.S. Production Subsidiary, Solidifies Leadership in North American Extra High Voltage Power Transformer Market

* Holds groundbreaking ceremony for second U.S. plant; completion scheduled for April next year * Expands production capacity by 50% and adds 765-kilovolt-class manufacturing capability; annual revenue expected to increase by200 billion won * Continues long-term U.S. investment following est...

2026-03-08 08:00 6510

HD Hyundai Chairman Chung Kisun Takes Lead in Bridging Korea and the Philippines

▶ Participates in economic delegation and explores ways to expand bilateral cooperation at the Korea–Philippines Business Forum ▶ Pays tribute at Korean War Memorial… Inspects HD Hyundai Philippines Shipyard and encourages local employees ▶ HD Hyundai Heavy Industries contributes to Philippine nav...

2026-03-06 07:41 4140

HD Construction Equipment Unveils Next-Generation Models at CONEXPO 2026, Accelerating Expansion into Advanced Markets

* Unveiled nine next-gen models for the first time in the U.S. at CONEXPO 2026 * Prepared booth experiences for remote/autonomous operations and AI-driven safety solutions at the HYUNDAI and DEVELON booths * Showcased proprietary engines and next-gen powertrains emphasizing its technological ...

2026-03-04 07:00 7906

HD Hyundai Chairman Chung Kisun Holds Talks with Prime Minister Modi to Discuss Bilateral Cooperation

* Chairman Chung Kisun attends high-level roundtable at Prime Minister Modi's invitation * Cooperation spans commercial and naval shipbuilding and port crane projects; joint shipyard development to be pursued * "India is a key pillar of our overseas production diversification strategy, pois...

2026-01-29 10:30 6367

HD Hyundai Chairman Chung Kisun Discusses Future of AI and Energy at Davos Forum

* Chairman Chung attends 2026 World Economic Forum Annual Meeting for fourth consecutive year * Discusses AI-driven transformation and innovation in energy transition at key sessions * Met with Palantir co-founder and CEO Alex Karp to discuss expansion of strategic partnership SEOUL, South ...

2026-01-21 08:01 6048

HD Hyundai Wins 1.46 billion USD Order for Eight Ultra-Large Container Ships

* Recorded the highest number of container ship orders in 18 years since the shipbuilding supercycle in 2007 * Signed large-scale supply contract with HMM: HD Hyundai Heavy Industries and HD Hyundai Samho to deliver consecutively through 2029 * "Based on our technological competitiveness in ...

2025-11-24 10:58 2548

HD Hyundai is world's first shipbuilder to deliver 5,000 ships

* Held commemorative ceremony for the delivery of 5,000 ships at HD Hyundai Heavy Industries in Ulsan on the 19th * Delivered to more than 700 shipowners across 68 countries—marking a milestone achieved half a century after the first vessel delivery * "Reaching 5,000 ships is a symbol of pri...

2025-11-20 16:43 2146

"From a 1974 Oil Tanker to a 2025 Philippine Patrol Vessel": HD Hyundai Achieves World's First Delivery of 5,000 Ships

* Held commemorative ceremony for the delivery of 5,000 ships at HD Hyundai Heavy Industries in Ulsan on the 19th * Delivered to more than 700 shipowners across 68 countries—marking a milestone achieved half a century after the first vessel delivery * "Reaching 5,000 ships is a symbol of pri...

2025-11-19 15:28 1543

HD Hyundai and Siemens Accelerate Modernization of U.S. Shipbuilding with Smart Technology

* Combining digital and automation technologies to build smart shipyards and strengthen shipbuilding capabilities * Advancing workforce development through hands-on training and specialized engineering programs * "Collaboration between shipbuilding and IT companies will be a catalyst for di...

2025-11-02 08:00 2843

HD Hyundai Vice Chairman Chung Kisun Promoted to Chairman

SEOUL, South Korea, Oct. 20, 2025 /PRNewswire/ -- HD Hyundai announced that Executive Vice ChairmanChung Kisun has been promoted to Chairman in its latest executive appointments. Chung Kisun, HD Hyundai Chairm...

2025-10-20 14:24 2212

HD Hyundai Electric Accelerates Expansion into the North American Low- and Medium-Voltage Circuit Breaker Market with UL Certification

* Secures UL and cUL certifications for four types of low- and medium-voltage circuit breakers, reinforcing competitiveness inNorth America * Global low- and medium-voltage circuit breaker market projected to reach USD 29.2 billion by 2034, growing at a CAGR of 8.8% * "The company plans to e...

2025-10-16 12:28 1424

HD Hyundai Executive Vice Chairman Chung Kisun Meets TerraPower, including Chairman Bill Gates, to Discuss Nuclear Supply Chain Cooperation

* Company leaders reunited in Seoul five months after their March meeting in the U.S.; reviewed supply chain expansion and commercialization progress * HD Hyundai to supply reactor vessels, a key component of Natrium® reactors which are recognized forits superior safety and technological matur...

2025-08-22 14:22 2071

HD Hyundai to Spearhead Korea-U.S. Shipbuilding and Maritime Alliance

* Hosted the Korea–U.S. Shipbuilding Leaders Forum to lay the groundwork for a strategic shipbuilding and maritime alliance * Private-public sector initiatives for Korea-U.S. shipbuilding collaboration take shape—second forum scheduled in the U.S. this October * "In awe of the remarkable cap...

2025-06-24 13:00 2248

HD Hyundai Executive Vice Chairman Chung Kisun meets with Palantir CEO Alex Karp to discuss 'AI Shipyard'

SEOUL, South Korea, March 9, 2025 /PRNewswire/ -- HD Hyundai Executive Vice ChairmanChung Kisun met with Palantir Technologies Inc. CEO Alex Karp to discuss the project on building AI shipyards.

2025-03-10 11:02 3548

Vice Chairman Chung Kisun of HD Hyundai: Driving Shipbuilding's Future with AI and Digital Tech

* Strengthening cooperation with global tech companies, including Palantir Technologies Inc. and Siemens * Building the Future of Shipyard (FOS) by 2030 which aims to minimize human intervention SEOUL, South Korea, Feb. 27, 2025 /PRNewswire/ -- "We are drawing on the latest innovation in AI (...

2025-02-28 08:10 3232
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