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Korea Herald
23-07-2025
- Automotive
- Korea Herald
HD Hyundai starts joint shipbuilding venture in US
Edison Chouest Offshore CEO visits Korean shipbuilder's R&D site, shipyards HD Hyundai has begun taking steps to build ships in the United States in partnership with Edison Chouest Offshore, the Korean shipbuilding conglomerate said Wednesday. According to the company, a delegation of more than ten key executives and engineers from ECO, including its CEO Dino Chouest, visited Korea on Tuesday to discuss detailed plans for the joint shipbuilding project with HD Hyundai. The ECO delegation visited HD Hyundai's Global R&D Center in Gyeonggi Province and the dockyards of HD Hyundai Heavy Industries and HD Hyundai Mipo in Ulsan during their two-day visit. HD Hyundai said the US partners were briefed on the Korean shipbuilder's latest technologies and shipbuilding capabilities and had a chance to review the operational status of HD Hyundai-built vessels currently deployed around the world at the Digital Insight Center at the Global R&D Center. The ECO officials also took a look at how HD Hyundai developed its automated solutions and applied them in practical shipyard operations, as well as how it implemented robotic welding technologies. According to HD Hyundai, top leadership from both companies agreed to expand their partnership beyond the joint construction of ships to explore future business opportunities together. 'HD Hyundai fully supports efforts to revitalize the US shipbuilding industry,' said HD Hyundai Executive Vice Chairman Chung Ki-sun. 'The joint shipbuilding project between the two companies in the US will serve as an excellent example of Korea-US cooperation in the shipbuilding sector.' The ECO delegation visited HD Hyundai's shipyards in Ulsan on Wednesday to closely examine their design and production processes, along with their dock operation and management systems. HD Hyundai said engineers from ECO will remain in Korea for another week to learn about the Korean shipbuilder's techniques and discuss project specifics. The two companies previously signed a memorandum of understanding for a strategic and comprehensive partnership in June this year, agreeing to start jointly building medium-sized container vessels at ECO's shipyard in the US by 2028. The partners also pledged to expand the scope of their cooperation beyond ships to include port cranes, which have been central to US national security concerns as it seeks to curb China's influence. HD Hyundai dispatched a team of more than ten experts to ECO's shipyard in the US last month to inspect the partner's production facilities and systems and provide consultations on enhancing productivity. ECO, which operates 18 commercial shipyards across the US, maintains a fleet of 300 offshore support vessels around the world.
Yahoo
24-06-2025
- Automotive
- Yahoo
HD Hyundai and Tampa Ship form shipbuilding partnership
HD Hyundai has announced a strategic partnership with Tampa Ship, focusing on constructing medium-sized LNG dual-fuel containerships, with the first deliveries targeted for 2028. The collaboration will see HD Hyundai support Tampa Ship, part of the Edison Chouest Offshore (ECO) group, with vessel design, equipment procurement, and advanced shipbuilding technology. HD Hyundai will also contribute to the fabrication of ship blocks and invest in technical infrastructure at Tampa Ship. Tampa Ship, with a storied history in US shipbuilding, is one of five shipyards operated by ECO. The partnership is expected to enable Tampa Ship to lead the revitalisation of the US commercial shipbuilding industry and contribute to the national effort to overcome the deficit of domestically built vessels. The agreement was formalised on 19 June, with HD Hyundai's vice president of Corporate Planning Division, Choi Hannae, and ECO's executive vice president Dino Chouest in attendance. The partnership extends beyond container vessels, with both parties planning to explore further opportunities in different fleet classes and heavy industrial port equipment, vital for maritime security and infrastructure resilience. An official from HD Hyundai commented, 'Through our collaboration with ECO, we aim to actively support US efforts to revitalise its shipbuilding industry and strengthen national security." HD Hyundai's commitment to the US maritime and defence sectors is evident in its recent agreements with Huntington Ingalls Industries and Fairbanks Morse Defense, and academic partnerships with the University of Michigan and Seoul National University. Furthermore, HD Hyundai recently entered a Joint Development Project (JDP) agreement with DNV and TUI Cruises, focusing on integrating Solid Oxide Fuel Cell (SOFC) systems on cruise vessels. SOFC technology, known for its high efficiency in electricity generation and reduced emissions, is particularly suited to cruise ships due to its low noise and vibration levels. "HD Hyundai and Tampa Ship form shipbuilding partnership" was originally created and published by Ship Technology, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. 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
