Korea Joongang Daily
Korea JoongAng Daily

Samsung Heavy Industries signs MOU with Indian shipmaker Swan Defence and Heavy Industries

Samsung Heavy Industries signed a memorandum of understanding (MOU) with Indian shipmaker Swan Defence and Heavy Industries, a shipyard located in Gujarat, western India, to cooperate in the shipbuilding and offshore sectors.

2025-09-29

HD Hyundai provides financial support to families of shipyard accident victims

HD Hyundai’s foundation has provided living expenses to families of workers killed in industrial accidents at its shipyards, Korea’s largest shipbuilder said on Tuesday.

2025-09-23

In this ‘cool’ industry, Hyosung juices up high-voltage push in the U.S.

As energy demand soars in the United States, Hyosung Heavy Industries is moving to power up domestic production as it brings its expertise and capabilities to the country.

2025-09-22

For Korean firms to win Canada's sub contract, Seoul should buy choppers, experts say

The success of a joint bid by Hanwha Ocean and HD Hyundai Heavy Industries for the multibillion-dollar Canadian Patrol Submarine Project will require an offset package, and firefighting helicopters are a practical and appealing option for Seoul.

2025-09-19

Over 60% of large firms have no recruitment plans in H2: Survey

More than 60 percent of large firms have no plans to recruit in the second half of the year or have yet to decide, casting a grim outlook for the job market, a survey showed Thursday.

2025-09-11

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.

2025-08-27

Samsung Heavy signs naval repair MOU with Vigor Marine Group in U.S.

Samsung Heavy Industries, a major shipbuilder in Korea, said Tuesday it has signed a strategic partnership with Vigor Marine Group in the United States to cooperate on maintenance, repair and overhaul of U.S. naval support ships.

2025-08-26

Korea Aerospace joins 'K-Humanoid Alliance' for aircraft manufacturing robotics

Korea Aerospace Industries (KAI), Korea's sole aircraft manufacturer, said Tuesday it has joined the "K-Humanoid Alliance," a government-led initiative to develop world-class manufacturing humanoid robot technology by 2030.

2025-08-12

Anduril opens Korean office with slew of strategic partnerships

U.S. defense technology company Anduril Industries officially launched a Korean office Thursday and announced a series of strategic partnerships with major Korean firms including HD Hyundai and Korean Air.

2025-08-07

HD HHI secures first U.S. Navy deal under 'MASGA' investment initiative

HD Hyundai Heavy Industries has secured a maintenance, repair and overhaul contract to work on the USNS Alan Shepard, marking a significant U.S. Navy deal post-tariff agreement.

2025-08-06