HD Hyundai partners with Fraser Industries to empower US shipbuilding

HD Korea Shipbuilding & Offshore Engineering, the intermediate holding company for HD Hyundai’s shipbuilding businesses, said Thursday that it signed a business agreement with Fraser Industries LLC on modernizing US shipyards to revive the US shipbuilding industry. CEO Kim Hyung-kwan and Technical Advisor Shin Jong-gye

SUBIC BAY FREEPORT — Seven years since the collapse of Hanjin Heavy Industries and Construction-Philippines in 2019, the country’s shipbuilding industry took a major step towards revival with the launch of Orion Jade, the first vessel built by HD Hyundai Heavy Industries Philippines (HHIP) at the Agila Subic Shipyard.