[Conference Call] HD Korea Shipbuilding & Offshore Engineering Achieves 96% of H1 Order Target... HD Hyundai Heavy Industries Surpasses Annual Goal

On July 29, HD Korea Shipbuilding & Offshore Engineering announced during its Q2 2026 earnings conference call that its shipbuilding subsidiaries had secured a total of $16.38 billion in orders during the first half of the year, achieving 96.2% of their annual order target. The company highlighted that HD Hyundai Heavy Industries had already surpassed its annual goal, further strengthening its position as a leader in the global new shipbuilding market.

The company went on to say, "In the second half of the year, the market is likely to remain generally uncertain, as it is heavily influenced by the situation in the Middle East and global economic trends. We will actively respond to evolving market conditions such as stricter environmental regulations, the energy transition, and rising demand for replacing aging fleets. We will also continue our selective order-taking strategy, focused on high value-added vessels, in order to achieve balanced quantitative and qualitative growth."

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