HD Hyundai Heavy Industries and Norway's Philly Shipyard signed a memorandum of understanding to collaborate on manufacturing, maintaining, repairing, and overhauling vessels and ships ordered by the US government, the South Korean shipbuilder said Wednesday. The signing ceremony was held at Philly's shipyard in Philadelphia, Pennsylvania, on April 12 with key officials from both companies in attendance,.
HD Hyundai Heavy Industries (HHI) and Philly Shipyard agreed to cooperate in the U.S. naval ship market, the HD Hyundai subsidiary said Wednesday, months after the Korean shipbuilder’s chief rival, Hanwha Ocean, indicated its intention to acquire the Philadelphian shipyard.
South Korea s HHI inks deal to build four ships for Peru s Navy defensenews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from defensenews.com Daily Mail and Mail on Sunday newspapers.
HD Hyundai Heavy Industries (HHI) and Hanwha Ocean have intensified competition to expand their presence in the rapidly growing global naval ship market, according to industry officials, Friday.