HD Korea Shipbuilding & Offshore Engineering

HD Korea Shipbuilding & Offshore Engineering signed a definitive agreement with Siemens Digital Industries Software to introduce a next-generation digital shipbuilding platform integrating AI across design, production, supply chain, quality control, and maintenance.

BEML Limited has signed an MoU with HD Korea Shipbuilding & Offshore Engineering and HD Hyundai Samho Heavy Industries to jointly design, develop, and manufacture next-generation maritime and port cranes in India.

HD Korea Shipbuilding & Offshore Engineering has signed a deal to acquire Doosan Enerbility's 100% stake in Doosan Vina for 290 billion won ($207 million). Doosan Vina, based in Quang Ngai Province, Vietnam, manufactures boilers, port cranes, and LNG plant modules.

HD Hydrogen, a subsidiary of HD Korea Shipbuilding & Offshore Engineering, acquired Finnish fuel cell specialist Convion Oy for €72 million ($79.8 million) on August 30, 2024. The acquisition aims to secure solid oxide fuel cell and electrolyser technologies for hydrogen energy.

HD Korea Shipbuilding & Offshore Engineering acquired Finnish fuel cell company Convion for approximately €72 million. Convion specializes in solid oxide fuel cells and electrolysis cells.