Merger of HD Hyundai Heavy Industries and HD Hyundai Mipo Dockyard
One of 284 projects Taiyo tracks in Seoul.
Source: aju press
HD Hyundai Heavy Industries and HD Hyundai Mipo Dockyard are merging to create South Korea's largest shipbuilder. The merger aims to enhance economies of scale, technological capabilities, and competitiveness in global naval modernization and defense shipbuilding. The combined company targets 10 trillion won in annual defense revenue by 2035 and plans to expand into specialized vessels and green p
- Status
- Prospective
- Sector
- Aerospace & Defense, Commercial
- Location
- Seoul, South Korea
- Updated
- 22 Jul 2026
- Source
- aju press
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Project Information
Participants
Company |
Status
Original status | planned |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | HD Hyundai Heavy Industries and HD Hyundai Mipo Dockyard are merging to create South Korea's largest shipbuilder. The merger aims to enhance economies of scale, technological capabilities, and competitiveness in global naval modernization and defense shipbuilding. The combined company targets 10 trillion won in annual defense revenue by 2035 and plans to expand into specialized vessels and green propulsion systems. |
Original sector | Shipbuilding |
Location
Country | South Korea |
State | Seoul |
City | Seoul |
Source
Source | aju press |
URL |
More Details
Record type | Project |
Sector | Aerospace & Defense, Commercial |
Article published date | 2025-09-16 |
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