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HD Hyundai Heavy Industries and Norway's Philly Shipyard signed a memorandum of understanding to collaborate on manufacturing, maintaining, repairing, and overhauling vessels and ships ordered by the US government, the South Korean shipbuilder said Wednesday. The signing ceremony was held at Philly's shipyard in Philadelphia, Pennsylvania, on April 12 -- with key officials from both companies in attendance,...

HD Hyundai Heavy Industries (HHI) and Philly Shipyard agreed to cooperate in the U.S. naval ship market, the HD Hyundai subsidiary said Wednesday, months after the Korean shipbuilder’s chief rival, Hanwha Ocean, indicated its intention to acquire the Philadelphian shipyard.

 South Korea’s HD Heavy Industries is continuing its push to expand its international military work with an announcement that it plans to explore a po...

HD Hyundai Heavy Industries (HHI) and Hanwha Ocean have intensified competition to expand their presence in the rapidly growing global naval ship market, according to industry officials, Friday.

ULSAN -- The docks of HD Hyundai Heavy Industries at the shipbuilder’s Ulsan shipyard were filled with ships being built and bustling with workers on Monday morning. Covering 6.35 square kilometers, the Ulsan shipyard is known for having the most dry docks in the world. Building on top of its global in the merchant ship sector, the world's biggest shipbuilder is now looking to expand its naval and special ...