South Korean shipbuilder HD Hyundai Heavy to merge with affiliate HD Hyundai Mipo

HD Hyundai to Merge Ulsan Shipyards to Expand Defense and Commercial Work

HD Hyundai, which is already South Korea’s largest shipbuilder, announced plans to reorganize by merging its shipbuilding operations in Ulsan to realize opportunities both in naval shipbuilding and repair, and the South Korean MASGA (Make America Shipbuilding Great Again) initiative.  The company said that it looks to take a leadership role in the South Korean program following the meeting earlier this week between the country’s president, Lee J…

(2nd LD) HD Hyundai Heavy, Hyundai Mipo to merge into unified shipbuilder amid S. Korea-U.S. project push

(ATTN: ADDS background, more info in paras 4, 7-9, 15-16) SEOUL, Aug. 27 (Yonhap)

South Korean shipbuilder HD Hyundai Heavy to merge with affiliate HD Hyundai Mipo

SEOUL :South Korea's HD Hyundai Heavy Industries, the world's biggest shipbuilder, said on Wednesday that it plans to merge with its affiliate HD Hyundai Mipo as it targets a bigger slice of the U.S. shipbuilding market. With the merger, the company said it aims to lead U.S.-Korea shipbuilding cooperation pro

South Korea’s Top Shipbuilder Consolidates Ahead of MASGA Push

South Korea's HD Hyundai Heavy Industries, the world's biggest shipbuilder, said on Wednesday that it plans to merge with its affiliate HD Hyundai Mipo as it targets a bigger slice of the U.S. shipbuilding market.

Hyundai Heavy, Mipo to merge as defense vessel demand rises

Shipyards HD Hyundai Heavy Industries and HD Hyundai Mipo will merge as demand for naval defense vessels rises globally, with the potential to claim up to 40 percent of the local market.

HD Hyundai Heavy and Hyundai Mipo to merge

South Korea’s HD Hyundai Heavy Industries has rolled out plans to merge with its affiliate HD Hyundai Mipo Dockyard by the end of the year, aiming to strengthen its position in the US naval and Arctic shipbuilding markets. The move comes after a Korea-US summit highlighted shipbuilding cooperation under the “Make American Shipbuilding Great Again” …