HD Hyundai Expands Local Shipbuilding in the US Through Partnership With Largest EPC Company

Signing a Strategic Partnership with Kiewit

Pushing for Joint Shipbuilding and Block Production

HD Hyundai is expanding its cooperation with local companies for shipbuilding in the United States.

HD Hyundai recently signed a strategic partnership for shipbuilding business cooperation with the U.S. comprehensive EPC company 'Kiewit.' From the left in the photo are Chad Johnson, CEO of Kiewit Offshore, and Han-nae Choi, Head of Planning Division at HD Korea Shipbuilding & Offshore. HD Hyundai

HD Hyundai announced on the 19th that it has signed a strategic partnership for shipbuilding business cooperation with Kiewit, the largest integrated EPC (engineering, procurement, and construction) company in the United States.

The signing ceremony was held at the headquarters of Kiewit Offshore in Corpus Christi, Texas, and was attended by Han-nae Choi, Executive Vice President and Head of Planning at HD Korea Shipbuilding & Offshore, Chad Johnson, CEO of Kiewit Offshore, and officials from both companies.

Kiewit is the largest integrated construction and engineering company in the United States, handling large-scale EPC projects in the fields of power generation, energy, offshore, and industrial facilities. The company has experience in the fabrication, installation, and commissioning of offshore structures not only in North America but also in South American regions such as Brazil.

Under this agreement, the two companies will promote joint shipbuilding in the United States and collaborate on the production of ship blocks and modules. They plan to jointly explore shipbuilding business opportunities in the U.S. by combining HD Hyundai's design technology, equipment supply chain, and construction capabilities with Kiewit's local fabrication and construction expertise.

HD Hyundai aims to use this cooperation as an opportunity to expand its shipbuilding base in the United States, while also establishing a local production system for ship blocks and modules.

An HD Hyundai official stated, "We plan to actively support efforts to rebuild the U.S. shipbuilding industry through our cooperation with Kiewit," adding, "Going forward, we will expand the scope of cooperation to the FDC sector and seek new business opportunities in the rapidly growing North American infrastructure market as well."

Meanwhile, in April and June of last year, HD Hyundai signed memorandums of understanding (MOUs) with Huntington Ingalls Industries and Edison Chouest Offshore (ECO), both American shipbuilders, to cooperate on shipbuilding in the United States, thus expanding its local cooperation network.

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