Latest news with #ChungKisun
Yahoo
16-05-2025
- Business
- Yahoo
HD Hyundai Executive Vice Chairman Chung Kisun Meets with U.S. Trade Representative to Discuss Bilateral Cooperation
Executive Vice Chairman Chung Kisun meets with US Trade Rep. Jamieson Greer on May 16 to hold official talks to discuss the need for stronger Korea-U.S. cooperation in shipbuilding with HD Hyundai proposing collaboration on port crane manufacturing "We highly value U.S. shipbuilding revitalization efforts and are ready to contribute wherever needed," says Chung SEOUL, South Korea, May 15, 2025 /PRNewswire/ -- Chung Kisun, Executive Vice Chairman of HD Hyundai recently held talks with the United States Trade Representative (USTR) to explore opportunities for cooperation between South Korea and the U.S. in the shipbuilding industry. HD Hyundai announced on Friday, May 16, that Chung met with U.S. Trade Representative (USTR) Jamieson Greer to explore measures for strategic cooperation between Korea and the United States in the shipbuilding sector. This marks the first for Korea's shipbuilding industry to hold an official talk with the USTR. The USTR delegation was visiting Korea for a meeting of trade ministers from the Asia-Pacific Economic Cooperation (APEC) grouping. During the meeting, Chung introduced HD Hyundai's ongoing collaboration with U.S. defense shipbuilder Huntington Ingalls Industries and proposed concrete areas of cooperation, including joint technology development, shipbuilding cooperation, and skilled workforce training programs. He emphasized the growing need for closer industrial cooperation between the two nations. Chung also introduced HD Hyundai's affiliate, HD Hyundai Samho, and its crane manufacturing capabilities while addressing port cranes in the U.S. market. He then proposed the need to strengthen cooperation between the two countries to diversify and stabilize the U.S. port equipment supply chain. Chung remarked, "We deeply appreciate the United States' commitment to rebuilding its shipbuilding industry. HD Hyundai stands fully prepared and willing to contribute wherever our capabilities are needed." Greer previously served as Chief of Staff to Ambassador Robert Lighthizer during President Trump's first term, where he played a key role in U.S.-China trade negotiations aimed at promoting fair trade practices. View original content to download multimedia: SOURCE HD Hyundai Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
16-05-2025
- Business
- Yahoo
HD Hyundai Executive Vice Chairman Chung Kisun Meets with U.S. Trade Representative to Discuss Bilateral Cooperation
Executive Vice Chairman Chung Kisun meets with US Trade Rep. Jamieson Greer on May 16 to hold official talks to discuss the need for stronger Korea-U.S. cooperation in shipbuilding with HD Hyundai proposing collaboration on port crane manufacturing "We highly value U.S. shipbuilding revitalization efforts and are ready to contribute wherever needed," says Chung SEOUL, South Korea, May 15, 2025 /PRNewswire/ -- Chung Kisun, Executive Vice Chairman of HD Hyundai recently held talks with the United States Trade Representative (USTR) to explore opportunities for cooperation between South Korea and the U.S. in the shipbuilding industry. HD Hyundai announced on Friday, May 16, that Chung met with U.S. Trade Representative (USTR) Jamieson Greer to explore measures for strategic cooperation between Korea and the United States in the shipbuilding sector. This marks the first for Korea's shipbuilding industry to hold an official talk with the USTR. The USTR delegation was visiting Korea for a meeting of trade ministers from the Asia-Pacific Economic Cooperation (APEC) grouping. During the meeting, Chung introduced HD Hyundai's ongoing collaboration with U.S. defense shipbuilder Huntington Ingalls Industries and proposed concrete areas of cooperation, including joint technology development, shipbuilding cooperation, and skilled workforce training programs. He emphasized the growing need for closer industrial cooperation between the two nations. Chung also introduced HD Hyundai's affiliate, HD Hyundai Samho, and its crane manufacturing capabilities while addressing port cranes in the U.S. market. He then proposed the need to strengthen cooperation between the two countries to diversify and stabilize the U.S. port equipment supply chain. Chung remarked, "We deeply appreciate the United States' commitment to rebuilding its shipbuilding industry. HD Hyundai stands fully prepared and willing to contribute wherever our capabilities are needed." Greer previously served as Chief of Staff to Ambassador Robert Lighthizer during President Trump's first term, where he played a key role in U.S.-China trade negotiations aimed at promoting fair trade practices. View original content to download multimedia: SOURCE HD Hyundai Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Associated Press
09-03-2025
- Business
- Associated Press
HD Hyundai Executive Vice Chairman Chung Kisun Visited the US Naval Academy
SEOUL, South Korea, March 8, 2025 /PRNewswire/ -- HD Hyundai Executive Vice Chairman Chung Kisun visited the US Naval Academy (USNA), the cradle of the world's most powerful navy. HD Hyundai announced that on Friday the 7th, Chung visited the USNA in Annapolis, Maryland, meeting with USNA Superintendent Vice Admiral Yvette M. Davids, Academic Dean Samara Firebaugh, and other academy officials. Chung visited a hull structure lecture and a fluid dynamics laboratory, where he exchanged ideas with faculty and midshipmen about future maritime developments and research challenges. 'South Korea is a strong ally and a trusted partner of the United States, and together we will be a driving force in the innovation of the shipbuilding and maritime industry,' said Chung during his visit. 'The ROK-US alliance was forged in sacrifice and has been strengthened over the decades. Today, it is more than a military partnership. It is a pillar of global security. As challenges evolve, so too must our cooperation.' He continued, 'HD Hyundai has secured world-leading technology in AI-based autonomous navigation and advanced digital vessels,' and emphasized, 'We have successfully built five world-class Aegis destroyers, which we have delivered to the Navy, supporting innovation in national security.' Former Republic of Korea Navy Chief of Naval Operations Jung Ho-sub, who accompanied Chung on the visit, said 'I hope that based on the world's leading shipbuilding technology, we can actively cooperate with the U.S. Navy to contribute to maintaining global peace.' Chung, also a former officer in the RoK Army Commando Regiment, has shown continuous support for military personnel in Korea as well. In January of this year, he sent special barbecue meals to encourage Naval ROTC cadets during winter training at the Naval Education Command in Jinhae. In January 2023, he also sent a coffee truck to an Army ROTC winter training site. Meanwhile, HD Hyundai signed an MOU for educational cooperation with the University of Michigan and Seoul National University last July to foster talent in the shipbuilding industry and has been expanding cooperation with the U.S. through joint research, education, and internship programs.
