Business · Companies · 1 hr ago
HD Hyundai and Kiewit plan US shipyard, targeting 2029 opening
HD Hyundai and Kiewit have agreed to build a US shipyard through a new joint venture called HD Kiewit Shipbuilding.
The companies plan to build an advanced shipyard on an industrial site in the United States.
Construction is planned to start next year, with operations targeted for 2029.
HD Hyundai plans to use digital models, automated production systems and robotic welding.
The venture will seek work on US Navy support ships and commercial vessels, and may supply ship sections and modules to US shipyards.
It also plans to explore port infrastructure projects.
The companies say smart production could improve output, quality and safety and help address shortages of skilled local workers.
HD Hyundai and Kiewit have signed an agreement to form a joint venture to build a shipyard in the United States.
The venture, named HD Kiewit Shipbuilding, plans to build an advanced smart shipyard on an industrial site in the US.
Construction is planned to begin next year, with full operations targeted for 2029.
The shipyard is expected to use digital twins, automated production systems and robotic welding.
The venture will explore opportunities in US Navy support ships, commercial vessels, ship blocks and modules, and port infrastructure.
- Who
- HD Hyundai and Kiewit.
- What
- They signed an agreement to form a joint venture and build a shipyard in the United States.
- When
- The agreement was signed on October 22, 2026, local time. Construction is planned to begin next year, with operations targeted for 2029.
- Where
- The agreement was signed in Houston, Texas. The planned shipyard will be on an industrial site in the United States.
- Why
- The companies aim to combine HD Hyundai’s shipbuilding technology and operating know-how with Kiewit’s construction and fabrication capabilities.
This story does not have two clearly opposing sides.
HD Hyundai and Kiewit signed an agreement in Houston to establish a shipbuilding joint venture.
The venture plans to begin construction of the shipyard.
The venture targets the start of full operations.
- Joint venture
- HD Kiewit Shipbuilding
- Partners
- HD Hyundai and Kiewit
- Agreement location
- Houston, Texas
- Construction target
- Next year
- Opening target
- 2029
- Planned technologies
- Digital twins, automated production systems and robotic welding