{
  "id": 16150665,
  "title": "HD Hyundai, Kiewit to form JV to build shipyard in US",
  "url": "https://urgent.news/2026/10/23/hd-hyundai-kiewit-to-form-jv-to-build-shipyard-in-us-16150665",
  "topic": "world",
  "section": "World",
  "published": "2026-10-23T04:32:03.000Z",
  "source": {
    "name": "The Korea Times",
    "slug": "the-korea-times-koreatimes",
    "url": "https://www.koreatimes.co.kr/business/companies/20261023/hd-hyundai-kiewit-to-form-jv-to-build-shipyard-in-us"
  },
  "original_language": "en",
  "account": "Korean shipbuilder HD Hyundai and U.S. engineering firm Kiewit have agreed to form a joint venture to construct a new shipyard in the United States. The partnership, tentatively called HD-Kiewit Shipbuilding LLC, was announced in Houston on Thursday. The venture aims to commence shipyard construction next year, with full operations slated for 2029.\n\nHD Hyundai will contribute its shipbuilding technology and production expertise to the project, while Kiewit will utilize its engineering and construction skills to support the facility's development. This collaboration is significant as it involves the building of a new shipyard, rather than upgrading an existing one. This move is expected to increase U.S. shipbuilding capacity and strengthen domestic supply chains.\n\nThe joint venture will investigate business prospects in U.S. Navy logistics support vessels and commercial ships. Additionally, it will consider the production and supply of ship blocks and modules to U.S. shipyards.",
  "summary": "Korean shipbuilding giant HD Hyundai Co. said Friday it will establish a joint venture with U.S. engineering and construction company Kiewit to build a new shipyard in the United States. HD Hyundai and Kiewit signed an agreement in Houston on Thursday (local time) to establish the joint venture, tentatively named HD-Kiewit Shipbuilding LLC. The joint venture plans to begin construction of the…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 6,
    "also_reported_by": [
      {
        "outlet": "Channel News Asia",
        "title": "HD Hyundai to build US shipyard with Kiewit, create 3,000 jobs",
        "url": "https://urgent.news/2026/10/23/hd-hyundai-to-build-us-shipyard-with-kiewit-create-3-000-jobs",
        "published": "2026-10-23T00:55:54.000Z"
      },
      {
        "outlet": "Yonhap News",
        "title": "HD Hyundai, Kiewit to form JV to build shipyard in U.S.",
        "url": "https://urgent.news/2026/10/23/hd-hyundai-kiewit-to-form-jv-to-build-shipyard-in-u-s",
        "published": "2026-10-23T01:27:24.000Z"
      },
      {
        "outlet": "Investing.com",
        "title": "HD Hyundai to build US shipyard with Kiewit, create 3,000 jobs",
        "url": "https://urgent.news/2026/10/23/hd-hyundai-to-build-us-shipyard-with-kiewit-create-3-000-jobs-16136651",
        "published": "2026-10-23T01:36:36.000Z"
      },
      {
        "outlet": "New Straits Times",
        "title": "HD Hyundai to build US shipyard with Kiewit, create 3,000 jobs",
        "url": "https://urgent.news/2026/10/23/hd-hyundai-to-build-us-shipyard-with-kiewit-create-3-000-jobs-16140420",
        "published": "2026-10-23T02:11:47.000Z"
      },
      {
        "outlet": "Business Recorder",
        "title": "HD Hyundai to build US shipyard with Kiewit, create 3,000 jobs",
        "url": "https://urgent.news/2026/10/23/hd-hyundai-to-build-us-shipyard-with-kiewit-create-3-000-jobs-16143874",
        "published": "2026-10-23T03:05:07.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}