South Korea’s HD Korea Shipbuilding & Offshore Engineering (HD KSOE), the parent of HD Hyundai, is fine-tuning plans to build a $4 billion greenfield shipyard on its own at Thoothukudi (Tuticorin) in Tamil Nadu, with an annual output of 3.5–4 million gross tonnage (GT) of commercial vessels. The project remains on course after the MoU signed on December 7, 2025 between HD Hyundai and the Tamil Nadu government. The shipyard will be developed inde…
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