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Business India News Updated Jun 25, 2025

HD Hyundai hosts forum to boost shipbuilding ties between Korea and US

HD Hyundai hosted a major forum to strengthen Korea-US shipbuilding ties, featuring top universities and government officials. The event focused on technology sharing and reviving the US shipbuilding sector. Chung Ki-sun called it the start of a "true maritime alliance." The forum builds on existing partnerships with US institutions like MIT and the University of Michigan.

New Delhi, June 25

South Korean conglomerate HD Hyundai held a special academic forum on Tuesday to find practical ways to improve cooperation between South Korea and the United States in the shipbuilding industry, as reported by the Korea Herald.

HD Hyundai has a diverse range of businesses, including shipbuilding, heavy equipment, machinery, and the petroleum industry.

Chung Ki-sun, Executive Vice Chairman of HD Hyundai, emphasized the importance of this partnership, saying, "This collaboration marks the beginning of a true maritime alliance -- one that goes beyond talent exchange to sharing technologies and visions between Korea and the US."

The event took place at the company's Global Research and Development Center in Seongnam, Gyeonggi Province, and brought together shipbuilding experts and university representatives from both countries.

The forum focused on how the two nations can work together to develop shipbuilding technology and support each other's industries. It also came shortly after the inauguration of South Korea's new president, Lee Jae Myung, adding significance to the event.

Representatives from 13 universities, including Seoul National University, KAIST, the University of Michigan, and MIT, participated in the discussions.

Important government figures such as Andrew Gately from the US Embassy in Korea and Lee Seung-ryeol from Korea's Ministry of Trade, Industry and Energy were also in attendance.

A second session was held at Seoul National University later that day. Participants shared details about their university shipbuilding programs and talked about how they can work together to train future experts in the field.

This forum builds on a 2024 partnership between HD Hyundai, Seoul National University, and the University of Michigan. One of the key goals is to help the U.S. bring new life to its shrinking shipbuilding industry.

HD Hyundai is also partnering with American institutions like the University of Michigan and the US Naval Academy to train skilled workers for U.S. shipyards.

— ANI

Reader Comments

Rajesh K.

Interesting development! While this Korea-US partnership is good for them, I hope Indian shipbuilding companies like Cochin Shipyard and L&T are watching closely. We should also be forming such tech partnerships to boost our 'Make in India' initiative in maritime sector. 🇮🇳

Priya M.

South Korea's shipbuilding expertise is world-class. Instead of just observing, India should actively seek collaborations with Korean companies. Our coastal states have great potential for shipbuilding - we just need the right technology transfer and training programs.

Amit S.

While this is impressive, I'm concerned about the environmental impact of expanding shipbuilding. Both countries should ensure they're investing in green ship technologies. India should take note - we must balance industrial growth with sustainability in our maritime policies.

Sunita R.

The educational collaboration aspect is most promising! IITs and other Indian engineering colleges should establish similar programs with global leaders. Our youth need exposure to cutting-edge shipbuilding tech to compete internationally.

Vikram J.

HD Hyundai's strategy is smart - helping the US revive its shipbuilding while expanding their own influence. Indian companies should learn from this approach of creating win-win partnerships rather than just competing. Jai Hind!

Neha P.

This shows how academia-industry partnerships drive innovation. While we have some collaborations between IITs and Indian firms, we need more structured programs like this. Maybe time for a 'Shipbuilding Skill India' mission? 🚢

We welcome thoughtful discussions from our readers. Please keep comments respectful and on-topic.

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