South Korea’s HD Hyundai Heavy in talks to buy US shipyard
PositiveFinancial Markets

South Korea's HD Hyundai Heavy is in discussions to acquire a US shipyard, marking a significant move in the global shipbuilding industry. This acquisition could enhance Hyundai's production capabilities and expand its market presence in North America, which is crucial for meeting the growing demand for advanced vessels. Such a strategic investment not only strengthens Hyundai's position but also reflects the increasing globalization of the shipbuilding sector.
— Curated by the World Pulse Now AI Editorial System