One year on, HD Hyundai chair drives mergers, US shipbuilding push

What happened: HD Hyundai Chair Chung Ki-sun marks his first year in the role, having overseen mergers in shipbuilding and construction equipment and expanded US shipbuilding partnerships. Key numbers: Merged shipbuilder targets 37 trillion won revenue by 2035, including 10 trillion won from defense. Why it matters: The consolidation and US partnerships aim to offset Chinese shipbuilders closing the technology gap in higher-value segments such as LNG carriers. Labor disputes remain unresolved after workers rejected a tentative agreement.

HD Hyundai chair advances mergers and US shipbuilding expansion one year into tenure.

HD Hyundai chair advances mergers and US shipbuilding expansion one year into tenure. — impact context not separately stored; see What changed.