HD Hyundai Draws U.S. Navy Focus on Anduril $6.6B Project
South Korea's top shipbuilder faces rising interest in its U.S. defense ties following Anduril's Maryland submarine plant deal, but holds no direct contract for the site.
Shipbuilding & Defense — South Korea
RSSYards, order books, naval programs and the defense-industrial partnerships forming across the region. This page covers South Korea.
HD Hyundai opens offshore SMR verification center in Ulsan
A 12-member consortium spanning shipbuilders, utilities and universities will share testing facilities to develop floating…
Hanwha Ocean hosts US Sen. Dave McCormick to advance naval repair and yard ties
The Pennsylvania lawmaker inspected the 3,600-ton frigate Pyeongtaek at Geoje as Hanwha doubles Philly Shipyard headcount to…
Samsung Heavy names 174,000 cbm LNG carrier for MISC in Korea
The delivery marks the first of three newbuilds entering 15-year charters with QatarEnergy as South Korean yards sustain…
HD Hyundai teams with Croatia yard on €660m corvette program
The alliance pairs South Korean combat vessel design with local Adriatic fabrication to bypass European Union defense procurement…
HD Hyundai Heavy upgrades dock safety with 17 billion won plan
The South Korean shipbuilder expanded communications and vision sensors to prevent fatal accidents that trigger mandatory…
Samsung Heavy wins ABS approval for proprietary FLNG systems
The South Korean shipbuilder cleared a basic design review for its SENSE liquefaction cycle, cutting reliance on Western…
HD Hyundai Samho delivers gas carrier Energy North to Qatar
The 88,000-cubic-meter vessel marks the first handover in a $950 million six-ship order, demonstrating South Korean delivery…
Hanwha Ocean and Samsung Heavy diverge on currency hedgingMembers
A 12% rebound in the South Korean won exposes unhedged shipbuilder order books, contrasting Samsung Heavy's locked-in cash flows…
HD Hyundai Heavy workers reject wage deal, forcing new talks
Union members voted down a tentative wage agreement offering 40.56 million won in average compensation, renewing labor…
Samsung Heavy taps GTT to design tanks for four LNG carriers
The French engineering group will deploy Mark III Flex+ membrane containment technology across the 200,000-cubic-meter vessels…
HD Hyundai Marine Solution Buys Goltens for $247.5 Million
The cash purchase gives the Korean ship servicer 28 global repair hubs and multi-brand engine overhaul capacity ahead of a…
HD Hyundai delivers lashing-free container ship to CMA CGM
The 13,000-TEU methanol-powered vessel CMA CGM GOLD eliminates manual cargo lashings, expanding deck payload weight by over 10%…
Hanwha Ocean widens US naval shipyard ties in McCormick tour
The Pennsylvania senator inspected warship lines at Geoje on Oct. 7 to link Korean manufacturing with Philadelphia yard…
HD Hyundai teams with Croatia's Iskra on multirole corvettes
The industrial partnership targets a naval procurement tender valued up to €1.6 billion ($1.8 billion), combining South Korean…
HD Hyundai names Lee Sang-kyun head of group shipbuilding units
The early executive reshuffle accelerates shipyard safety oversight and an 830 billion won plant expansion for data center power…
Hanwha Ocean wins $1.13 billion Yang Ming container order
The contract for six 13,000 TEU dual-fuel vessels represents 12.1% of the shipbuilder's 2025 revenue and locks in Geoje delivery…
HD Hyundai forms offshore SMR test center for nuclear ships
The 12-member consortium links South Korea's top shipbuilder with nuclear engineers to validate small modular reactor propulsion…
HD Hyundai reserves Mipo dock slots for eight gas carriers
The drydock program dedicates Ulsan berths to 1.42 trillion won in gas vessels, shifting medium-tonnage berths away from…
HD Hyundai Heavy Industries secures offshore substation deal in Taean
The 500-megawatt turnkey contract for the Taean wind project expands the shipbuilder's offshore fabrication yard into renewable…
Won rebound splits Korean shipbuilders on currency hedging
Samsung Heavy locked in revenue at 100% coverage, while Hanwha Ocean faces an 89.8 billion won profit hit as unhedged exposure…
HD Hyundai Heavy Industries faces delivery risks after wage rejection
Union members voted down a record compensation package, threatening dock operations and liquefied natural gas carrier delivery…
Samsung Heavy orders GTT tank designs for four LNG ships
The contract equips four 200,000-cubic-meter vessels delivering in 2029 with Mark III Flex+ containment systems, locking South…
J.P. Morgan adds two Samsung Heavy VLGCs to expand gas fleetMembers
The 307.4 billion won deal pushes the Korean shipyard past its annual commercial target and tightens Geoje berth availability for…