General

Is HMM Headquarters Heading to Busan?

KDB Relieved by 3-Year Grace Period—Gov’t Maintains Influence Korea Development Bank (KDB) has gained some breathing room regarding its stake in HMM, as the Financial Supervisory Service (FSS) granted a three-year exempti..

News > General > 2025-07-09 08:47:34

HD HHI forecasts strong Q2 on offshore turnaround, U.S. Market Gains

HD Hyundai Heavy Industries (HD HHI) is poised to post robust second-quarter earnings, driven by improving offshore operations, strong order momentum in commercial and defense shipbuilding, and early progress in expanding into the U.S. ..

News > General > 2025-07-08 13:36:36

HD HHI union set to begin partial strike

The labor union of HD Hyundai Heavy Industries is likely to launch a partial strike starting July 11. On July 7, the union held a central committee meeting to discuss the strike schedule and is reportedly considering a plan in which all..

News > General > 2025-07-07 16:48:39

HD Hyundai Chairman Kwon Oh-gap Embarks on Southeast Asia Site Visits

– Philippines, Singapore, Vietnam: Global Field Management in Action – Visiting Subic, Singapore, and Vietnam to inspect key production and sales hubs – First overseas business trip following recent executive strateg..

News > General > 2025-07-07 11:11:11

Two Core Subsidiaries of China’s CSSC Set for Merger

M&A cleared by Shanghai Stock Exchange… Largest-ever shipbuilding merger in China’s A-share market Two major subsidiaries under China State Shipbuilding Corporation (CSSC), the world’s largest shipbuilding gro..

News > General > 2025-07-07 06:03:29

HD Hyundai Heavy Industries Union Votes for Strike

Strike approved with 64% in favor… Central Labor Commission to decide on mediation by July 7 Union warns “Strike inevitable if no proposal from management”… Aims to reach agreement before summer vacation ..

News > General > 2025-07-07 05:25:25

Arctic Route Elevated to National Strategic Project

Lee Administration Launches Major Maritime Growth Initiative Presidential Commission Designates Arctic Route Development as National Policy Agenda Expected to Synergize with Relocation of Ministry of Oceans and Fisheries to Busan an..

News > General > 2025-07-04 08:38:25

“Fincantieri Plants Its Flag in Seoul”

Italian Shipbuilding Giant Launches ‘Innovation Antenna’ in Korea – Expands Collaboration with UNIST Europe’s largest shipbuilder, Fincantieri, has officially launched an open innovation hub in Seoul, accelera..

News > General > 2025-07-04 08:29:16

“$29 Billion Poured into US Maritime Industry”

Trump’s Maritime Spending Bill Clears Senate – K-Shipbuilding Eyes Strategic Reset A new era for American maritime revitalization is taking shape through legislation. Former President Donald Trump’s “One Bi..

News > General > 2025-07-04 08:21:05

HD Hyundai : "We must work together to overcome the crisis"

On July 3, HD Hyundai held a meeting with the top executives from its major companies. The goal was to talk about how to deal with recent economic challenges happening both in Korea and around the world. The meeting was attended by C..

News > General > 2025-07-03 17:26:26