News and Updates on Hyundai Heavy Industries Group
HHI Group's In-House Venture No. 1 Avikus Becomes Korea's First Company to Successfully Demonstrate Fully Autonomous Navigation
Avikus, Hyundai Heavy Industries (HHI) Group's newly established subsidiary specialized in autonomous navigation technology, became Korea's first company to succeed in fully autonomous navigation of a ship.
HHI Group launches “Hydrogen Project” with Saudi Aramco
Hyundai Heavy Industries Group (HHI Group) is promoting the “hydrogen project” in cooperation with Saudi Aramco, a Saudi Arabian state-run oil company.
HHI Group Accelerates ESG Efforts
Hyundai Heavy Industries (HHI) Group, amidst its active pursuit of ESG management, became the first company in the Korean shipbuilding industry to obtain the highest credit rating required to be an issuer of green bonds.
HCE Ushers in Era of Autonomous Excavators
Hyundai Construction Equipment (HCE) has launched a new excavator model featuring the state-of-the-art Machine Control technology, taking a step closer to the era of autonomous excavators.
HHI Holdings Signs Definitive Agreement to Acquire Doosan Infracore
"Poised to conquer the global market as Korea’s leading construction equipment manufacturer"
HHI Eyes IPO to Raise KRW 1 tln for Green Migration
Hyundai Heavy Industries (HHI), the world's No. 1 shipbuilder, is to invest KRW 1 trillion in eco-friendly projects to prepare for the low-carbon era.
Hyundai Core Motion Builds New Parts Center in Miami, US
Hyundai Core Motion, a subsidiary of Hyundai Construction Equipment (HCE), has established a new parts distribution center in Miami, Florida, US, in an effort to enhance its services related to construction equipment parts.
KSOE Obtains "Unconditional Approval" from China on Merger with DSME
Korea Shipbuilding & Offshore Engineering (KSOE) announced on December 28, 2020, that it has recently been notified of "unconditional approval" issued by the Chinese authorities regarding its merger with Daewoo Shipbuilding & Marine Engineering (DSME).
KSOE Wins Orders for 6 Ships Worth KRW 1 Trillion
Korea Shipbuilding & Offshore Engineering (KSOE), Hyundai Heavy Industries (HHI) Group’s intermediate holding company controlling the Group’s shipbuilding units, won orders to build six new ships worth KRW 1 trillion in total.
KSOE Wins Myanmar Gas Field Offshore Plant Order
Korea Shipbuilding & Offshore Engineering (KSOE), Hyundai Heavy Industries (HHI) Group’s intermediate holding company controlling the Group’s shipbuilding units, won a USD 450 million worth contract to build a gas compression platform in Myanmar.