Korea:267250

HD Hyundai Heavy Industries to Invest KRW 1 Trillion in Future Engine and SMR Businesses

* New 3 GW power generation engine production facility to be built in Ulsan, targeting full-scale operations in 2028 * Dedicated manufacturing facility for key SMR equipment to be established; global SMR market projected to grow to 150 GW by 2050 * "We will secure core competitiveness in pow...

2026-09-10 17:33 3463

HD Hyundai, TerraPower and Hyundai E&C Set Out to Transform the Next-Generation Nuclear Market

* HD Hyundai, TerraPower and Hyundai E&C held first executive-level meeting since signing MOU in May * Chairman Chung Kisun says partnership will accelerate commercialization of Natrium reactors * HD Hyundai aims to build capacity to produce 2-3 primary Natrium® components annually, deep...

2026-08-14 17:27 3151

HD Hyundai Heavy Industries to Supply Large-Scale Power Generation Systems to U.S. Data Centers

* Secures additional orders in the U.S. data center market, supplying 1,000 MW of power generation systems valued at USD 673.8 million * Expands group-wide capabilities amid continued growth in the data center power generation equipment market * "The HiMSEN engine's technology and reliabilit...

2026-08-10 11:00 2069

HD Hyundai to Help Modernize U.S. Shipyards with End-to-End Shipyard Solutions

* Signs MOU with Fraser Industries on shipyard modernization to support the revitalization of the U.S. shipbuilding industry * To provide an integrated package including shipyard design and construction expertise, production and operational systems, and data management capabilities * "We wil...

2026-07-30 08:00 2400

HD Hyundai Samho Secures Order for Four Port Cranes at Port of Tacoma, Advancing MASGA Project

* Signs contract with HMM's U.S. subsidiary, Washington United Terminals, to supply four port cranes * Award reflects HD Hyundai Samho's design and manufacturing expertise, deep understanding of U.S. port operations and strong customer trust * "We will support the MASGA project through the d...

2026-07-26 08:00 4045

HD Korea Shipbuilding & Offshore Engineering Pursues AI-Driven Transformation of Shipbuilding Industry

* HD Korea Shipbuilding & Offshore Engineering signs definitive agreement with Siemens to implement next-generation marine platform and establish a 3D single-data platform * Aims to build an autonomous manufacturing system that digitally connects the entire shipbuilding process, including des...

2026-07-24 08:05 3303

HD Hyundai Heavy Industries Reaches Major Milestone in ITER Nuclear Fusion Project

* 'KOREA-ITER Fusion Day' held in France on the 22nd to celebrate completion of sector module assembly * HD Hyundai Heavy Industries proves mega-scale, high-precision manufacturing capabilities by producing 4 out of 9 vacuum vessel sectors * "As we take part in this major milestone for the w...

2026-07-23 08:40 3196

HD Hyundai and TerraPower Sign Natrium® Reactor Supply Framework Agreement

* Signed Agreement to establish Natrium reactor supply chain for serial production based on a year-long joint study * HD Hyundai selected as a preferred manufacturer to supply Natrium Reactor Enclosure System (RES) components leveraging its world-class fabrication capabilities, industrial pro...

2026-05-21 07:30 4391

HD Hyundai Robotics Secures Order for Robotic Welding Solutions from Chouest Group, Establishing a Strategic Foothold for Global Smart Yard Expansion

Supplying Three Shipyards in North America and One in Brazil; Expanding Opportunities for Smart Yard Collaboration Linked to MASGA DAEGU, South Korea and ATLANTA, May 7, 2026 /PRNewswire/ -- As a proven case of implementing the advancement and productivity innovation of the shipbuilding industry...

2026-05-07 22:00 7630

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 3995

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 6775

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 4319

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 6369

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 5565

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 8000

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 4833

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 8513

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 7028

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 6763

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 3388
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