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Hyundai
SMR
ABS Approves Second Korean Floating SMR Plant Design
The American Bureau of Shipping (ABS) has granted Approval in Principle to HD Hyundai Heavy Industries (HHI) and HD Korea Shipbuilding & Offshore Engineering fo…
Nuclear Power Plant (NPP)
ABS Greenlights Floating Nuclear SMR Design by HD Hyundai Affiliates
The American Bureau of Shipping (ABS) has granted approval in principle (AIP) to HD Hyundai Heavy Industries (HHI) and HD Korea Shipbuilding & Offshore Engineer…
South Korea
Hyundai E&C Drops Out of Gadeokdo New Airport Land Reclamation Project
Hyundai E&C, a major South Korean construction company, has withdrawn from the land reclamation project for the Gadeokdo New Airport, citing challenges in meeti…
South Korea
ABS and HD Hyundai Mipo to Drive Digital Automation in Shipyard Operations
The American Bureau of Shipping (ABS) and South Korean shipbuilder HD Hyundai Mipo (HMD) have entered into a joint development project (JDP) to advance digital …
Electric Vehicles
Hyundai Unveils the New Elexio Electric SUV for China With 435 Miles Range
Hyundai introduced its ELEXIO electric SUV at a media-exclusive event in Shanghai, emphasizing its strategic focus on China’s electric vehicle market. Dev…
Decarbonization
HD Hyundai, Maersk to Explore Joint Pathways for Maritime Decarbonization
South Korea’s HD Hyundai and Denmark’s A.P. Møller – Maersk have signed a memorandum of understanding (MoU) to collaborate on sustainab…
China
Wan Hai Lines Seals $816M Deal for Methanol-Ready Boxship Quartet
Wan Hai Lines, a leading Taiwanese shipping company, has contracted two South Korean shipbuilders to construct four dual-fuel methanol-ready container vessels. …
Electric Vehicles
Kia, Hyundai Mobis’s Q1 Sales Hit Record Amid EV Demand Surge but Margins and Tariffs Cloud Outlook
Kia reported its highest-ever first-quarter revenue of 28.02 trillion won ($19.6 billion) and an operating profit of 3.01 trillion won for January to March, ann…
South Korea
HD Hyundai Mipo Bags $111M Order for Boxship Pair
HD Hyundai Mipo, a South Korean shipbuilder under HD Korea Shipbuilding & Offshore Engineering, has secured a 159.3 billion South Korean won ($111.08 million) c…
Metal
Hyundai Steel Earns Nuclear-Grade ASME Certification
Hyundai Steel, South Korea’s second-largest steelmaker, has earned quality system certificates (QSC) from the American Society of Mechanical Engineers (ASME) f…
CCS
‘World’s Largest’ LCO2 Carrier Hits the Water
On April 15, 2025, HD Hyundai Mipo, a South Korean shipbuilder, launched a 22,000 cubic meter (cbm) liquefied CO2 (LCO2) carrier off the coast of Ulsan, South K…
Hydrogen Production
Hyundai Motor Group Presents Action Plans for Waste-To-Hydrogen Ecosystem in Indonesia
Hyundai Motor Group announced plans to develop a waste-to-hydrogen (W2H) ecosystem in West Java Province, Indonesia, during the Global Hydrogen Ecosystem Summit…
Hydrogen Fuel Cell
Hyundai Motor Commits to Building New Hydrogen Fuel Cell Facility in Ulsan
Hyundai Motor Company has signed a Memorandum of Understanding (MOU) with Ulsan City to establish a new hydrogen fuel cell plant, advancing its commitment to ec…
Hydrogen Fuel Vehicle
2026 Hyundai Nexo FCEV Is a Hydrogen SUV That Makes Sense
The Hyundai Nexo FCEV, a groundbreaking hydrogen fuel cell vehicle, has been unveiled at the Seoul Mobility Show in South Korea. This advanced concept car, insp…
SMR
Holtec Signs Agreement With Hyundai to Build Small Nuclear Reactors at Palisades Plant, CNBC Reports
A view of the grounds at the Palisades nuclear reactor in Covert Township, Michigan, U.S., August 14, 2024.Holtec International, a U.S.-based company, has final…
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