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HD Hyundai and Kiewit to build new US shipyard through joint venture
HD Hyundai and Kiewit will form the HD Kiewit Shipbuilding joint venture to build a new US shipyard, targeting operations from 2029.
HD Hyundai has agreed with US engineering and construction company Kiewit to establish the HD Kiewit Shipbuilding joint venture to build a new US shipyard. The venture is targeted to begin operations in 2029.
Construction is planned to start in 2027 at a US industrial site that has not yet been announced. HD Hyundai expects the facility to create around 3,000 jobs.
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