HD Hyundai to build new US shipyard with Kiewit

South Korea’s HD Hyundai USA LLC (HD Hyundai) and Kiewit Maritime Co. (Kiewit), an affiliate of Kiewit Offshore Services, have announced plans to establish a joint venture focused on developing an advanced shipyard.

The proposed venture, HD Kiewit Shipbuilding LLC, would combine HD Hyundai’s shipbuilding technology and shipyard operating expertise with Kiewit’s large-scale fabrication and construction capabilities, supported by the experience and the facilities of its affiliate, Kiewit Offshore Services, Kiewit said.

The proposed HD Kiewit Shipbuilding venture envisions a new, purpose-built shipyard on an existing industrial site.

The construction is targeted to begin in 2027, with full-scale operations targeted for 2029. At full operating scale, the shipyard could support up to 3,000 jobs.

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